Dabur India Expects to Hit Double-Digit Growth in Fiscal Q1, Profit, Revenue
Dabur India (NSE:DABUR, BOM:500096) expects to report double-digit growth in both consolidated revenue and profit after tax for the fiscal first quarter ended June 30, according to a Friday filing to the Indian stock exchanges. The growth is driven by healthy demand across its domestic and international businesses, the consumer goods giant said. The company's fast-moving consumer goods (FMCG) business is likely to see a near double-digit growth during the April-June quarter, while the international business is expected to report high-teen growth in Indian rupee terms. It's key markets like Egypt, Turkey, Bangladesh, and the UK, each recording strong double-digit growth in rupee terms. The company's shares were up over 1% in recent trade.
Dabur India (NSE:DABUR, BOM:500096) expects to report double-digit growth in both consolidated revenue and profit after tax for the fiscal first quarter ended June 30, according to a Friday filing to the Indian stock exchanges.
The growth is driven by healthy demand across its domestic and international businesses, the consumer goods giant said.
The company's fast-moving consumer goods (FMCG) business is likely to see a near double-digit growth during the April-June quarter, while the international business is expected to report high-teen growth in Indian rupee terms.
It's key markets like Egypt, Turkey, Bangladesh, and the UK, each recording strong double-digit growth in rupee terms.
The company's shares were up over 1% in recent trade.