Dabur India Ltd announced its consolidated net profit of Rs 349.53 crore for Q4 FY24, marking a 16.2% increase from the same period last year. However, sequentially, profits dropped by 32% from the previous quarter. Revenue from operations increased by 5.1% year-on-year, but sequentially, it fell by 13.5%. For the entire financial year 2023-24, Dabur reported a net profit of Rs 1,842.68 crore, up 7.9% from the previous year. The FMCG business posted a volume growth of 5.5% for the full year. Notable growth was seen in Dabur’s oral care, digestive, mosquito repellent, and food businesses. The international business reported a constant currency growth of 12% in Q4 and 16.4% for the entire financial year. CEO Mohit Malhotra attributed the steady performance to brand investments and strategic initiatives.
Dabur India Reports Q4 FY24 Results: Profits Rise, Revenue Grows
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