InvestorQ : What was the reason for the smart profit growth of Dabur in Q4?
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What was the reason for the smart profit growth of Dabur in Q4?

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1 month ago
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Dabur announced 34% growth in net profits for the Mar-21 quarter at Rs.378 crore. For the quarter, the overall sales revenues increased by 25% to Rs.2,337 crore in the Mar-21 quarter. Dabur has recommended a final dividend of Rs.3 per equity share of face value Rs.1. The growth was driven by the traditional ethnic markets for products like ayurvedic healthcare, foods, and nutrition products.

According to Dabur, on a sequential basis compared to Dec-20 quarter, there was a sharp revival in discretionary spending which largely helped grow the home and personal care business volumes by 32.6%. In terms of specific product categories, oral care grew by 42%, with the specific toothpaste segment growing by 45%. The stock is already quoting at multi-year highs on the bourses.

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