Dabur India Reports 34% Rise In Net Profit To Rs 378 Crore In March Quarter

Dabur India Limited introduced its January-March quarter outcomes for the monetary yr 2020-21 on Friday, May 7, reporting a 34 per cent rise in internet revenue on a consolidated foundation to Rs 378 crore, in comparison with Rs 281 crore within the corresponding quarter of the earlier fiscal. According to a regulatory submitting by the FMCG main to the inventory exchanges at this time, Dabur’s income elevated 25 per cent to Rs 2,337 crore, in comparison with Rs 1,865 crore within the year-ago interval. 

According to the assertion, the corporate’s board of administrators beneficial a last dividend of Rs 3 per fairness share, having face worth of Re 1 every, or 300 per cent, for the monetary yr 2020-21. Dabur said that the corporate’s development was on the again of efforts to drive demand for its ayurvedic healthcare, meals and vitamin merchandise, together with a better give attention to the enlargement of distribution. 

On Friday, shares of Dabur India settled 1.97 per cent decrease at Rs 534.70 apiece on the BSE. Dabur opened on the BSE at Rs 550, registering an intra day excessive of Rs 550, and an intra day low of Rs 532.50, all through the session.