"Effective cost management coupled with easing of inflationary pressures helped us improve the EBIDTA margin by 90 bps during the period,” Dabur India Ltd Chief Executive Officer Mr. Sunil Duggal said.
In the Consumer Care Division, Dabur's Oral Care portfolio reported a 22% growth during the first half of the year with the toothpaste category – led by Babool and Dabur Red toothpaste – showing a 35% growth.
Its shampoo sales marked a 16.8% growth during the period, while the Home Care category reported a 14% increase in sales. The Foods division also marked a 26.7% growth during the first half of the current financial year.
Dabur India (Consolidated): Dabur India Ltd (Consolidated) recorded a 22.8 per cent surge in net profit during the second quarter of the 2007-08 financial year.
Its net profit for the quarter stood at Rs 96.59 crore, up from Rs 78.65 crore in the same period last year. Turnover for the quarter also marked a 12.4 per cent increase to Rs 634.32 crore from Rs 564.13 crore in the corresponding quarter of the previous fiscal.
For the half year ended September 30, 2007, consolidated net profit soared 25.2 per cent to Rs 158.80 crore as against Rs 126.87 crore in the previous fiscal. Consolidated turnover for the half year stood at Rs 1205.20 crore, a jump of 15.9 per cent over Rs 1039.64 crore a year earlier.
Dabur's International Business also recorded significant gains, posting a growth of 31 per cent during the first half of the year with impressive performance from GCC and African markets.
“We have built strong capabilities to tap emerging opportunities. Sales in the GCC region surged 42.3%, while Dabur Egypt grew by 47% during the first six months of the current fiscal. Sales in US also reported a healthy 64% growth during the period,” said Dabur India Ltd Group Director Mr. P D Narang.
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