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Bloomberg Quint

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Image Credit: Bloomberg Quint

Dabur Share Price Jumps As Q1 Business Update Shows Volume Growth

  • Dabur's share price jumped over 4% following a sequential recovery in demand during the first quarter of the current fiscal.
  • Volume growth was noted, especially in urban markets, with the home and personal care division expected to perform well due to growth in oral, home, and skincare categories.
  • Organised trade channels like e-commerce exhibited strong momentum, while Dabur's international business is projected to grow double digits, driven by select markets.
  • Challenges were faced by Dabur's beverage portfolio due to unseasonal rain and a shorter summer, impacting consolidated revenue growth, with operating profit also expected to slightly lag behind revenue growth.

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