Dabur India, a leading player in the FMCG sector, reported a consolidated revenue of ₹3,349.11 crore for the June quarter, marking a 7 percent year-on-year increase from ₹3,130 crore. The company also recorded a net profit of ₹500.12 crore, up by 7.8 percent year-on-year.

Margins saw a slight improvement, reaching 19.6 percent compared to 19.3 percent a year earlier. The company achieved a domestic volume growth of 5.2 percent in the June quarter, driven by a sequential recovery in rural volume growth.

"It's been a good start to the new financial year as we drove sequential recovery in volume growth, driven by rural markets, to report industry-leading performance across our key verticals. This allowed us to plough higher investments behind our brands to drive market expansion and sustain our growth momentum," said Mohit Malhotra, Chief Executive Officer of Dabur India Limited.

Despite facing a challenging demand environment due to high food inflation and unemployment rates, the company achieved a robust 8.3% growth in operating profit, showcasing the resilience of its business model.

"Through disciplined execution of our go-to-market strategy, we continued to capitalize on our brand strength and deepen engagement with our consumers. Our focused approach towards expanding our rural footprint to over 1.22 lakh villages reaped rich dividends as rural demand outpaced urban demand by 350 bps during the quarter. To cater to this wider network, we have expanded our product basket with the launch of newer affordable and rural-specific pack bundles across categories, besides investing in consumer activations in the hinterland to establish a better connect with our consumers," Malhotra added.

Dabur's strong performance in the June quarter is a testament to its strategic investments in rural markets and its ability to navigate a challenging economic environment. The company's focus on expanding its product offerings and increasing brand engagement has paid off, resulting in robust revenue and profit growth.

For more detailed financial updates and performance insights, stakeholders can visit Dabur India's official website and review their latest press releases.

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