Dabur springs a surprise with an 18 percent volume growth

Jan 29, 2021

By: Navdeep Yadav

Standalone operating profit grew 15.7 percent, nearly a percent higher than Nirmal Bang estimate.

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Standalone revenue grew by 18.5 percent led by 18.1 percent volume growth.

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The company said its consumer staple business grew 19.5 percent in the third quarter.

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Revival in discretionary spending helped the home and personal care segment to grow by 16 percent.

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The healthcare segment, which includes Chyawanprash, continued to be the outperformer, with 28 percent growth.

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The foods business that includes Real juice and other beverages ended the quarter with a 16 percent growth.

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The Middle-east business reported double-digit growth, while US and Egypt were in healthy single digit.

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​The stock Dabur, however, plunged nearly 3 percent

This may be largely because the broader market was in sell-off mode, the Sensex fell 600 points.

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​Invest wisely

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