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Dabur India consolidated Q4 profit climbs 21%
Source: IRIS | 05 May, 2015, 04.37PM
Rating: NAN / 5 stars.
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Dabur India, the leading Indian consumer goods company, announced today a rise in consolidated fourth quarter profit of 20.85% to Rs 2.84 billion for the quarter ended Mar. 31, 2015 as compared to net profit Rs 2.35 billion in the same period last year. 
 
Total Income have increased by 10.29% to Rs 19.94 billion for the quarter ended Mar. 31, 2015 from Rs 18.08 billion in the year ago period.

The board of directors today recommended a final dividend of 75%, which brings the total dividend for the year to 200%. ''Continuing with our payout policy, the Board has proposed a final dividend of Re. 0.75 a share, aggregating to Rs 1.58 billion, including dividend tax,'' said Dabur India, chairman, Anand C Burman.

''The gradual improvement in the consumption environment has helped our business perform well on all operating parameters. Our robust business model and our ability to efficiently manage the external challenges have helped us report a strong and consistent performance even in the face of intensifying competitive pressures. Our India FMCG business ended the fourth quarter with a 12% growth, led by 8.1% volume growth. Our EBIDTA Margin saw a 17% growth during the quarter,'' said Dabur India, chief executive officer, Sunil Duggal.

''Going forward too, our focus will be on pursuing an aggressive and profitable growth strategy. We will continue to invest behind our brands and on market expansion programmes while stepping up on innovation with a series of new product launches in the coming quarter,'' Duggal added.

Shares of the company gained Rs 2.6, or 0.99%, to settle at Rs 264. The total volume of shares traded was 129,209 at the BSE (Tuesday).



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