The Board of Directors of Dabur India Ltd (DIL) met to consider the audited financial results of the company for the quarter and the half year ending September 30, 2007.
Riding on strong growth across its key categories and efficient cost management, Dabur India Ltd recorded a 24.7 per cent increase in net profit during the second quarter of 2007-08 to Rs 85.81 crore as against Rs 68.81 crore in the corresponding quarter of the previous fiscal.
Its turnover for the quarter stood at Rs 483.33 crore, a 10.6 per cent growth over Rs 436.88 crore earned a year earlier.
For the half year ended September 30, 2007, Dabur India net profit surged by 26.5 per cent to Rs 139.87 crore from Rs 114.65 crore a year earlier.
Its turnover for the half year also marked a 12.6 per cent growth at Rs 928.64 crore from Rs 824.56 crore in the corresponding period of the previous fiscal.
The Board of Directors of Dabur India Ltd also announced an interim dividend of 75% for the current financial year 2007-08.
“Continuing with our payout policy, Dabur India has approved an interim dividend of 75% for the current fiscal, aggregating to a payout of Rs 64.80 crore,” said Dr Anand Burman, Chairman, Dabur India Ltd.
“Dabur India has recorded strong growth in key categories like oral care, health supplements, digestives and home care. The Consumer Care Division, the largest business unit within Dabur India, has reported a 14% growth during the second quarter of the current financial year."
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