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Dabur Q2 2015-16 consolidated net profit at Rs 341.1 crore; up by 18.7%
Author:depl  From:本站  Time:2015-11-2 13:27:08  Click:799
The board of directors of Dabur India Ltd met on Wednesday to consider the audited financial results of the company for the quarter ended September 30, 2015.

Riding on robust growth in key consumer categories like toothpastes, hair oils and home care, Dabur India Ltd mitigated the impact of a challenging business environment and disturbances in key geographies to deliver strong profitable growth. The company’s consolidated net sales for the second quarter of 2015-16 marked an 8.7% growth at Rs 2,092.1 crore, up from Rs 1,924.1 crore a year earlier.

Consolidated net profit for Q2 2015-16 reported an 18.7% jump to Rs 341.1 crore as against Rs 287.5 crore a year earlier. Dabur ended Q2 of 2015-16 with a 17.8% growth in EBITDA.

“In a low growth and challenging business environment where growth rates in most consumer products segments remained under pressure, Dabur remains committed to delivering profitable growth. Even in these uncertain times, we have continued to report good growth across key categories and grow ahead of the market. We continue to invest behind our brands and are confident of our ability to report sustainable and profitable growth, going forward,” stated Sunil Duggal, chief executive officer, Dabur India Ltd.

The quarter saw the company launch a host of new products and variants across geographies, all of which received good response. During the quarter, the company extended the Hajmola brand to the beverage market with the launch of Hajmola Yoodley.

The company’s international business recorded good growth during the second quarter, despite disturbances in key geographies. “We are managing our business dynamically to ensure that we remain competitive and cost-efficient,” stated P D Narang, group director, Dabur India Ltd.
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