Millennium Post

Dabur Q4 profit up 18%

FMCG major Dabur India on Tuesday posted 17.61 per cent increase in consolidated net profit at Rs 200.55 crore for the fourth quarter ended 31 March, 2013, on the back of strong growth across key categories like health supplements, haircare, foods and homecare.

The company’s net profit of Rs 170.51 crore in the same period of previous fiscal. Net sales of the company rose to Rs 1,531.09 crore for the fourth quarter, as against Rs 1,363.58 crore in the same period 2011-12 fiscal, Dabur India said in a statement.

Commenting on the results, Dabur India Ltd CEO Sunil Duggal said the company has managed its business dynamically through a combination of calibrated price increases and greater focus on cost efficiencies to deliver profitable and sustainable growth.

‘The domestic consumer business reported an over 15 per cent growth during the quarter, driven by a volume growth of over 12 per cent,’ he added. For the year ended 31 March, 2013, the company’s net profit rose by 18.37 per cent to Rs 763.42 crore compared to Rs 644.89 crore in 2011-12.
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