Dabur India Q1 profit up 24% to Rs 261 crore

FMCG major Dabur India on Wednesday reported 23.86 per cent rise in consolidated net profit to Rs 261.11 crore for the first quarter ended June 30, 2015-16, driven mainly by robust sales across all key categories. The company had posted <g data-gr-id="24">net</g> profit of Rs 210.81 crore for the April-June period of the previous fiscal, Dabur India said in a filing to the BSE.

Dabur's total income from operations on consolidated basis was up 10.73 per cent to Rs 2,069.49 crore for the quarter under review, as against Rs 1,868.86 crore in the year-ago period. 

"The <g data-gr-id="23">macro-economic</g> scenario remains challenging. In this subdued environment, we remained watchful, agile and prudent, managing our business dynamically to deliver another quarter of competitive and profitable growth," said Dabur India CEO Sunil Duggal.

The India FMCG business ended the first quarter of 2015-16 with 11.6 per cent growth, led by 8.1 <g data-gr-id="22">per cent</g> volume growth, he added. 

During the period, its toothpaste business grew nearly 24 <g data-gr-id="18">per cent</g>. <g data-gr-id="19">Its</g> OTC & Ethicals business marked 16.7 <g data-gr-id="20">per cent</g> <g data-gr-id="29">growth,</g> while the foods category reported a 15.5 <g data-gr-id="21">per cent</g> growth during the period.