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Dabur India net profit profit slumps 24% in Q4; Chyawanprash sales surge

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New Delhi: Packaged consumer goods firm Dabur India on Wednesday reported a 24% year-on-year decline in its fourth quarter (Q4) net profit to ₹281 crore as the covid-19 crisis hit business at the maker of Real juices and Vatika hair oil.

The company had posted a net profit of ₹370 crore in the year-ago period. For the quarter ended 31 March, consolidated revenue from operations stood at ₹1,865.36 crore, down 12.3% from the ₹2,128.19 reported by the fast moving consumer goods (FMCG) company in the year-ago period. “Dabur opened the fourth quarter on a positive note, successfully tapping the growth opportunities.

However, the COVID outbreak in March, followed by the nationwide lockdown, caused severe disruptions in our business and brought

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United States
United States
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India
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Brazil
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Recovered: 0
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Deaths: 237 619
Recovered: 0
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