Monday, July 8, 2024

Dabur reports a 0.5% fall in net profit and declares a dividend of Rs 2.7 a piece.

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On Thursday, Dabur announced a 0.5% decrease in its net consolidated profit for the quarter ending March 31 to Rs 292.76 crore, compared to Rs 294.34 crore in the previous year. The company also declared a final dividend of Rs 2.7 per equity share.

In 2022-23 (FY23), Dabur’s net profit decreased by 2.3% to Rs 1,701.33 crore from Rs 1,742.3 crore in FY22. However, during the quarter, the company’s revenue from operations increased 6.3% to Rs 2,677.33 crore from Rs 2,517.81 crore in the same quarter in FY22. In FY23, Dabur’s revenue from operations increased by 6.14% to Rs 11,975.28 crore from Rs 1,281.84 crore in FY22.

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