Dabur, a major company in the FMCG sector, has presented marginally weaker results in the March quarter than expected. On an annual basis, the profit of the company has increased by 2%, while there has been an increase of 6% in the income. Dabur’s profit has increased from Rs 294 crore to Rs 301 crore in the March quarter, while income has increased from Rs 2,518 crore to Rs 2,678 crore. Bloomberg’s analyst poll had estimated a profit of 378 crores and an income of 2,709 crores for this quarter.
However, the company’s margin has been under pressure due to increase in cost. Margins declined from 18% to 15.3% in the fourth quarter. Bloomberg’s analyst poll had forecast a margin of 17.2%.
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Dabur Q4 Results (Conso, YoY)
- Profit increased from Rs 294 cr to Rs 301 cr (estimated at Rs 378 cr)
- Income increased from Rs 2,518 crore to Rs 2,678 crore (estimated at Rs 2,709 crore)
- EBITDA decreased from Rs 454 cr to Rs 410 cr (estimated at Rs 467 cr)
- Margin decreased from 18% to 15.3% (17.2% was expected)
After the results, Dabur’s stock was trading at Rs 530 on BSE, down 1.47% at 3:20 pm.