Dabur India Ltd said on Tuesday its quarterly consolidated net profit jumped 7% from a year earlier to ₹403 crore, impacted by one-time impairment in value of investments undertaken by the company. The consumer goods firm posted a 4.1% rise in consolidated revenue for the quarter ended 30th September to Rs2,212 crore from Rs2,125 crore a year earlier. The fast moving consumer goods company’s domestic FMCG business reported an underlying volume growth of 4.8% during the quarter. Excluding the foods business, where its Real fruit juices continued to post weak growth, the domestic FMCG volume growth stood at 7.4%, the company said. Riding on this expansion, rural demand continues to grow ahead of urban demand for Dabur," Malhotra said.

Source: Mint November 05, 2019 10:07 UTC