Dabur India, a leading consumer goods company, reported on Wednesday a growth of 15.05% for consolidated third quarter earnings.
 
It earned a consolidated profit of Rs 2.43 billion for the quarter ended Dec. 31, 2013, compared with Rs 2.11 billion, a year ago.

Quarterly revenues totaled at Rs 19.09 billion, an increase of 16.76% over Rs 16.35 billion in the same period a year ago.

''We have delivered another quarter of strong volume-led growth. Dabur has been reporting strong and consistent performance despite intensifying competitive pressures and the challenging market environment being witnessed for some quarters now. Our focus on brand-building and market expansion programs coupled with a greater degree of innovation has helped Dabur sustain strong growth in the core categories, which have been significantly ahead of the market. Going forward, our focus will be on pursuing an aggressive and profitable growth strategy,'' Dabur India,CEO, Sunil Duggal said.

Dabur's International Business ended the quarter with a 26% growth, led by strong performance in GCC, Egypt and Nigeria. ''The GCC business reported a 21% growth, while sales in Egypt and Nigeria both grew by 16%. Going forward, we will continue to pursue an aggressive growth strategy,'' Dabur India, group director PD Narang said.

Shares of the company declined Rs 5.7, or 3.4%, to trade at Rs 161.90. The total volume of shares traded was 483,138 at the BSE (2.53 p.m., Wednesday).