Dabur India, the leading Indian consumer goods company, reported a rise of 23.9% in consolidated first quarter profit to Rs 2.61 billion for the quarter ended Jun. 31, 2015 as compared to net profit Rs 2.10 billion in the same period last year.
 
Total income has increased by 10.76% to Rs 20.69 billion for the quarter ended Jun. 31, 2015 from Rs 18.68 billion in the year ago period.

Analysts, on average, expected Dabur India to report a profit of Rs 2.55 billion, on revenue of Rs 20.74 billion.

''The macro-economic scenario remains challenging. In this subdued environment, we remained watchful, agile and prudent, managing our business dynamically to deliver another quarter of competitive and profitable growth. Our India FMCG business ended the first quarter of 2015-16 with an 11.6% growth, led by an 8.1% Volume growth. Our EBITDA marked a 21.6% growth during the quarter,'' Dabur India, chief executive officer, Sunil Duggal said.

''Going forward, we will focus on our cost efficiencies and pursue an aggressive and profitable growth strategy. We continue to strengthen our business for the long term by driving innovation and investing behind our brands. With these initiatives, we are confident of growing ahead of the market and improving our market share,''Duggal added.

Shares of the company gained Rs 1.15, or 0.39%, to trade at Rs 295.25. The total volume of shares traded was 116,269 at the BSE (1.50 p.m., Wednesday).