Q1FY20 Results: Dabur India net profit increases by 10.3 per cent
FMCG company Dabur India reported financial results for the quarter ended June 2019 on Friday. Dabur’s consolidated revenue from operation grew 9.3 per cent to Rs. 2,273.29 crore from the corresponding quarter of previous year.
Consumer care business which accounts for nearly 81 per cent of the Dabur’s overall revenue grew by 11.4 per cent YoY. Food business revenue remained largely stable at Rs. 366.32 crore while revenue from retail division in the June quarter was at Rs. 32.31 crore.
EBITDA for the quarter was at Rs. 530.92 crore, up by nearly 15.5 per cent from the corresponding quarter of previous year. EBITDA margin for the quarter stood at 23.35 per cent.
Net profit for Q1FY20 increased ~10.3 per cent yoy to Rs. 363.81 crore. Net profit margin for the period was at 16 per cent.
The stock of Dabur India was trading on negative note ahead of its quarterly result. Post the announcement of result the stock went up however, later it dipped and at 14.58 hours it was trading at Rs. 420 apiece, down by 2.10 per cent from previous close.