Dabur India fell 0.56% to Rs 292.45 at 14:50 IST on BSE after consolidated net profit rose 23.9% to Rs 261.10 crore on 10.7% rise in net sales at Rs 2064.10 crore in Q1 June 2015 over Q1 June 2014.
The company announced results during market hours today, 29 July 2015.
Meanwhile, the S&P BSE Sensex was up 134.39 points or 0.49% at 27,593.62.
On BSE, so far 1.69 lakh shares were traded in the counter as against average daily volume of 86,933 shares in the past one quarter.
The stock hit a high of Rs 301.05 and low of Rs 292.05 so far during the day. The stock had hit a record high of Rs 304 on 21 July 2015. The stock had hit a 52-week low of Rs 193 on 28 July 2014.
The stock had outperformed the market over the past one month till 28 July 2015, rising 6.65% compared with Sensex's 1.27% decline. The scrip had also outperformed the market in past one quarter, gaining 13.46% as against Sensex's 0.23% gain.
The large-cap company has equity capital of Rs 175.68 crore. Face value per share is Re 1.
Dabur India said the company braved the macro headwinds like subdued demand, geopolitical challenges and currency volatility across some key geographies and ended Q1 June 2015 with strong growth across key categories like hair care, oral care, foods and OTC & ethicals.
Dabur's toothpaste business, led by strong demand for Dabur Red Paste and Dabur Meswak, ended the first quarter with a near 24% growth. The OTC & ethicals business ended the first quarter with a 16.7% growth, while the foods category reported a 15.5% growth during Q1 June 2015. While the hair oil category reported a 13% growth during the period, the shampoo business ended the quarter with an 11.5% growth. The home care business grew by nearly 12% during the period.
Dabur's international business (including acquisitions) reported a steady growth during the quarter, led by Turkey, Nepal and GCC markets.
Q1 June 2015, saw Dabur foray into the premium baby care market with the launch of 'Dabur Baby', a new brand which will have a range of baby care products, besides the introduction of Real Wellnezz brand with 100% Jamun juice. In the overseas markets, Dabur announced the launch of a host of new products, including DermoViva Saffron Fairness Face Mask and DermoViva Baby Olive Enriched Powder.
Dabur India is a leading consumer goods company in India.
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