Dabur India posts strong quarterly outlook as price hikes cushion inflation hit
Awaiting price reaction for this filing.
Dabur India expects first-quarter profit after tax to grow in double-digit percentage terms, supported by price hikes and pack-size reductions that cushioned the impact of rising plastic packaging costs driven by Middle East crude prices. International business is projected to deliver high-teen growth in rupee terms, with Egypt, Turkey, Bangladesh and the UK each posting strong double-digit growth, while domestically rural demand continued to outpace urban and categories like hair oils, shampoos and oral care are forecast to deliver near to high-teen growth. Peer Marico separately guided consolidated first-quarter revenue growth in the low-twenties percentage range, reinforcing a constructive outlook for the FMCG sector.