Dabur India Q4 FY2024 Results: Net Profit of Rs.341 cr

Tanushree Jaiswal 2nd May 2024 - 05:42 pm

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Key Highlights

Dabur India’s revenue for Q4 FY2024 increased by 5% on a YOY basis, reaching Rs. 2,814.64 cr.
Net profit was marked at Rs. 2040 cr for Q4 FY2024, up by 16.5%.
EBITDA for Q4 FY2024 increased by 14%.

Business Highlights

Dabur India reported a consolidated net profit for Q4 FY2024 at Rs. 341.22 cr from Rs. 292.76 cr in Q4 FY2023, up by 16.50%.
Its revenue for Q4 FY2024 was Rs 2,814.64 cr against Rs. 2,677.80 cr in Q4 FY2023, up by 5%.
EBITDA was up by 14% on a YOY basis for Q4 FY 2024 racing Rs. 467 cr.
The company declared a Rs. 2.75 dividend per equity share for FY 2024.
Its FMCG segment achieved a 5.5% volume growth for FY 2024 while the Oral Care business grew 22%.
The company’s share in the Indian hair oil sector witnessed an increase of 115 bps.
Digestives business, led by the strong performance of Hajmola, witnessed a 16% growth.
The Home Care and Digestives business saw a growth of 7.5% and 16% respectively.
Dabur India’s global business also witnessed growth with Egypt, Turkey, the Middle East & North Africa, and Sub-Saharan Africa experiencing a growth of 63%, 39%, 6.3%, and 23.80%, respectively.

Commenting on the results, Mohit Malhotra, CEO, Dabur India said, "We've ended the year with a steady performance underscoring the power of the Dabur's brands. We have been investing heavily behind our brands, which increased by 33%, to drive demand and also sustain the growth momentum. This has helped us deliver steady sales and profit growth in the fourth quarter despite multiple headwinds."

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Tanushree Jaiswal

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