During the March quarter, Dabur India reported a net profit of Rs235.29 crore on robust sales growth in its health supplements, digestives and oral care business

Dabur India Ltd (Dabur), the country’s fourth largest fast-moving consumer goods (FMCG) company, posted a 17.3% higher fourth quarter net profit on strong volume-led growth across key categories like health supplements, digestives, shampoos, toothpastes, foods & home care segments.
 

For the quarter to end-March, Dabur India said its consolidated net profit grew 17.3% to Rs235.29 crore from Rs200.55 crore, while its total revenues, including sales, grew 15.5% to Rs1,769.02 crore from Rs1,531.09 crore, same quarter last year.
 

“The business has performed well on all operating parameters. Our strong performance reflects the robustness of our business model and our ability to efficiently manage the emerging challenges. Going forward too, our focus will be on pursuing an aggressive and profitable growth strategy,” Sunil Duggal, chief executive of Dabur said in a statement.
 

Category wise growth
 

Digestives category posted a 23% growth during the fourth quarter of 2013-14, Hajmola and its Anardanana variant grew in strong double digits. Dabur Pudin Hara performed well and launched new lemon fizz variant.


Health supplements business saw a 17.6% growth during the quarter. Dabur Chyavanprash performed well driven by new variants and promotions. Dabur Honey performed across the regions and channels.
 

Oral Care business grew by 17.3% in march quarter. The toothpaste business led by Dabur Red Paste reported a 20.7% growth. Meswak also posted double digit growth.
 

Home care category grew by 13% during fourth quarter. Perfume brand Odonil grew in double digits. However mosquito repellent- Ododmos sales fell during march quarter.
 

Skin care business grew 10% followed by double digits growth of Gulabari and Fem Bleaches. However HRC and hand wash variants of Fem reported slightly lower growth during march quarter.
 

Food business riding on strong demand for its packaged juices ended the period with a 20.6% growth. Real brand continued to perform well in double digits and crossed $100 million mark in sales.
 

Hair Care portfolio reported growth of 6%, while the shampoo business grew by 19%. Newly launched Vatika variants also received good response.
 

“Dabur’s International Business continues to be a key growth driver, recording a robust 20% growth during the fourth quarter of 2013-14, led by strong performance in GCC, Egypt and Levant (comprising Yemen, Jordan, Lebanon & Syria) markets. During the full year 2013-14, the Levant business reported a strong 32% growth, while sales in Egypt grew by 20% and GCC markets by 17%,” says Dabur India Ltd Group Director, PD Narang.
 

For the 12 months to end-March, Dabur said its consolidated net profit increased 19.7% to Rs913.92 crore from Rs763.42 crore, its total sales grew 15.1% to Rs7,073.21 crore from Rs6,146.38 crore a year ago period.
 

Dabur India declared final dividend of Re1 per share.
 

Dabur India closed Tuesday 1.36% down at Rs177.70 on the BSE, while the 30-share Sensex ended the day flat at 22,487.

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