Packaged goods maker Dabur India Ltd has reported a 19 per cent increase in March quarter consolidated net profit as volumes in domestic packaged goods business grew 7.7 per cent.
The New Delhi-based company reported a consolidated net profit of Rs396.20 crore in the January-March quarter, compared with Rs333.11 crore a year ago.
Consolidated revenue for the quarter rose to Rs2,032.91 crore, up 6.2 percent from Rs1,914.68 crore a year ago. However, the comparable growth was around 11.1 per cent.
Dabur’s comparable standalone India revenue for the quarter grew by 10 per cent to Rs1,509.62 crore, while standalone net profit grew 17 per cent to Rs353.58 crore backed by a 7.7 per cent rise in packaged goods volume in domestic market during the quarter under review.
For the year ended 31 March 2018, Dabur’s consolidated profit rose 6.1 per cent to Rs 1,354.39 crore.