Investor Interest   Exclusive
FMCG sector: The small outpace the tall

While consumer goods giant Hindustan Unilever continues to stumble, smaller rivals like Dabur and Godrej are maintaining their growth trajectory

Despite its valiant restructuring and revamping efforts, Hindustan Unilever (HUL) has been struggling to maintain a decent earnings growth. On the other hand, HUL’s smaller rivals like Dabur India and Godrej Consumer Products are growing steadily, as is evident from their recent quarterly results.

Dabur India has reported a 28% rise in consolidated net profit to Rs137.84 crore, over the same period last year. Revenues jumped 18.6% to Rs932.56 crore compared to Rs786.21 crore in the same period last year. Lower input costs helped the company post a sound operating margin of 19%, compared to 17% in the same period a year ago.

The revenue growth was mainly led by the hair-care and skin-care segments. In the hair-care segment, Dabur’s shampoo range registered a 41% increase in sales. The skin-care segment grew 32.5%.

Meanwhile, Dabur’s international business recorded an 18.2% growth on the back of pick up in demand from the Gulf, Egypt, Nigeria and Bangladesh.

On the other hand, Godrej Consumer Goods reported a 53% increase in net profits, aided by a sound 26% growth in international business. Its consolidated revenues touched Rs528.21 crore, rising nearly 50% from the year-ago period. Godrej derived its growth from strong volumes in the soap and hair colour segment.
 

  • Like this story? Get our top stories by email.

    User 

    We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    28 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 4 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)