Dabur India Ltd Q2 FY25 net profit fell 17 percent on-year to Rs 425 crore, in line with the Street expectations. A Moneycontrol poll of brokerage estimates had pegged Dabur India‘s second quarter net profit at Rs 425 crore.
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The FMCG major’s July-September revenue fell 5 percent to Rs 3,029 crore, coming in line with the poll estimate of Rs 3,076 crore.
Dabur India share price has gained about 3.5 percent in the last one year, taking its market capitalisation to over Rs 96,000 crore. It has significantly underperformed benchmark Nifty 50 index, which has gained over 27 percent during this period.
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At 3:20 pm on October 30, Dabur India’s shares were trading 2 percent higher at Rs 546.3.
The FMCG firm declared interim dividend of Rs 2.75 per share and has fixed November 8 as the record date.
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Ahead of the results, brokerages said that falling consumption and low consumer offtake would hit Dabur’s earnings. The company itself had previously said its profitability and operating margin would be dragged in Q2 FY25 due to higher investment and deleveraging.
