FMCG firm Dabur India today reported a 30.7 per cent jump in consolidated net profit during the second quarter ended September to Rs 140.34 crore compared with Rs 107.41 crore in the corresponding period last year, driven by strong volume growth across key categories. Revenue was at Rs 855.06 crore compared with Rs 698.45 crore in the corresponding period last year, up 22.4 per cent, the company said in a statement.
“Consumer spending in FMCG, particularly for everyday use products at popular price points, continues to remain strong. This positive sentiment, coupled with our strong new product roll out initiatives, has helped Dabur report strong volume growth across all our key categories,” Dabur India Ltd CEO Sunil Duggal said.
Merger with Fem Care gets nod
The Board of Directors today approved the merger of Fem Care Pharma with Dabur India, effective April 1, 2009.
