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Dabur India net profit surges 34% to Rs 378 cr in Q4

Consolidated revenue surged 25 per cent to close at Rs 2,337 crore.

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NEW DELHI: FMCG major Dabur India reported Rs 378 crore in net profit for the quarter ending 31 March 2021, a 34 per cent leap compared to Rs 281 crore during the same period a year earlier.

The company reported a total income of Rs 2,421.77 crore in Q4, compared to Rs 1,941.13 crore in the corresponding quarter last year. Consolidated revenue surged 25 per cent to close at Rs 2,337 crore for the quarter.

The EBITDA for the quarter stood at Rs 442.5 crore, while the EBITDA margin was 18.9 per cent.

For the full financial year, Dabur India recorded a 10 per cent growth in consolidated revenue at Rs 9,562 crore, while consolidated net profit grew 17.2 per cent to Rs 1,693 crore.

The Real Juice maker also recorded a sequential revival in discretionary spending, mainly in the home and personal care portfolio, which grew by 32.6 per cent. Dabur’s oral care category was the outperformer in this category, reporting more than 42 per cent growth during Q4. The toothpaste segment also witnessed a surge of 45 per cent. The food and beverages business marked a turnaround to report a nearly 28 per cent growth during the quarter.

The consumer goods manufacturer’s strong growth was on the back of efforts to drive demand for its Ayurvedic healthcare, foods, and nutrition products, along with a greater focus on the expansion of distribution, it said in the earnings report.

Dabur CEO Mohit Malhotra said, "Our strategic business transformation exercise to develop and implement aggressive growth strategies in our core business areas has led to a more flexible company, helping us successfully navigate the emerging headwinds. Dabur's financial situation remains strong with a 25.6 per cent growth in operating profit during Q4 2020-21."

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