Dabur Sheds Over 4% Even After Profit Rises 28% To Rs 438 Crore In June Quarter

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Shares of Dabur India had been final buying and selling 4.24 per cent decrease at Rs 587.30 on the BSE.

Share value of Dabur India declined greater than 4 per cent on Wednesday, August 4, a day after the FMCG main introduced its April-June quarter outcomes for the monetary 12 months 2021-22. On Wednesday, Dabur India opened on the BSE at Rs 615.95, touching an intra day excessive of Rs 615.95 and an intra day low of Rs 586.85, within the buying and selling session thus far. Dabur India reported a internet revenue of Rs 438 core within the first quarter of the present fiscal on a consolidated foundation, in comparison with Rs 341 crore in the identical quarter final 12 months.

The firm’s income from operations within the June quarter stood at Rs 2,611.54 crore, in comparison with Rs 1,979.98 crore within the corresponding quarter final 12 months, marking a development of 32 per cent year-on-year, in accordance with a regulatory submitting by the corporate to the inventory exchanges yesterday.

During the April-June quarter, the corporate’s meals and drinks enterprise witnessed a development of 80.4 per cent and the healthcare enterprise additionally reported a development of 30 per cent, with its well being dietary supplements class rising by 24.5 per cent throughout the quarter.

Dabur’s e-commerce section reported greater than 100 per vent development and contributes to eight.2 per cent of the FMG enterprise within the nation, in accordance with Mr. Mohit Malhotra, Chief Executive Officer, Dabur India Limited.

On the NSE, Dabur India opened at Rs 615, inching to an intra day excessive of Rs 615.90 and an intra day low of Rs 587.20, within the session thus far. It was final buying and selling 4.38 per cent decrease at Rs 587.35 on the NSE.

Shares of Dabur India had been final buying and selling 4.24 per cent decrease at Rs 587.30 on the BSE. 



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