Dabur India Announces Financial Results for FY 2023-24, Recommends Final Dividend

1 min read     Updated on 06 Sept 2025, 12:18 PM
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Overview

Dabur India Limited has released its audited financial results for Q4 and FY 2023-24. The company's Board has recommended a final dividend of Rs. 2.75 per equity share (275%). ICRA Limited reaffirmed Dabur's [ICRA]AAA(Stable) credit rating. The company's outstanding qualified borrowings increased to Rs. 574.00 crores from Rs. 336.00 crores at the beginning of the year. Statutory auditors issued an unmodified opinion on the financial results.

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*this image is generated using AI for illustrative purposes only.

Dabur India Limited, a leading Indian consumer goods company, has released its audited financial results for the quarter and year ended March 31, 2024. The company's Board of Directors has approved both consolidated and standalone financial statements, which include segment-wise results, cash flow statements, and balance sheets.

Dividend Announcement

In a move that will likely please shareholders, Dabur India has recommended a final dividend of Rs. 2.75 per equity share, representing a 275% dividend for the financial year 2023-24. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting.

Financial Audit and Credit Rating

The company's statutory auditors have issued an unmodified opinion on the financial results, indicating that the financial statements present a fair and accurate view of Dabur India's financial position. This clean audit report underscores the company's commitment to transparency and adherence to accounting standards.

Dabur India continues to maintain a strong credit profile, with ICRA Limited reaffirming its [ICRA]AAA(Stable) credit rating. This top-tier rating reflects the company's robust financial health and its ability to meet financial obligations.

Large Corporate Borrowings

As part of its financial disclosures, Dabur India reported on its status as a large corporate entity. The company's outstanding qualified borrowings stood at Rs. 574.00 crores at the end of the financial year, marking an increase from Rs. 336.00 crores at the beginning of the year. This increase in borrowings may indicate expansion activities or strategic investments made by the company during the fiscal year.

While specific details of the company's financial performance were not provided, the approval of financial statements by the Board and the recommendation of a substantial dividend suggest a positive outcome for the fiscal year 2023-24. Investors and market analysts will likely look forward to more detailed disclosures in the coming days to gain deeper insights into Dabur India's performance across various segments and its future outlook.

As one of India's leading FMCG companies, Dabur India's financial results and corporate actions are closely watched by the market. The company's ability to maintain its high credit rating and offer a significant dividend demonstrates its resilience and strong market position.

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Dabur Launches Nationalist Campaign Against American Brands Amid US-India Tariff Dispute

1 min read     Updated on 05 Sept 2025, 05:46 PM
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Jubin VergheseScanX News Team
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Overview

Dabur India, a major consumer goods company, has initiated a nationalist campaign urging Indians to avoid American brands, in response to US tariffs on Indian imports. The campaign features a front-page advertisement targeting Colgate without naming it directly, using the tagline 'Born there, not here' in US flag colors. This move comes as Dabur holds 17% market share in India's toothpaste market, compared to Colgate's 43%. The campaign aligns with Prime Minister Modi's 'buy Indian' message and is part of a broader trend of Indian companies leveraging nationalist sentiments in their marketing strategies. Despite the bold campaign, Dabur's shares closed 1.02% lower at ₹547.05 on the day of the advertisement's release.

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Dabur India, a leading consumer goods company, has launched a bold nationalist campaign urging Indians to avoid American brands in response to US President Donald Trump's imposition of tariffs of up to 50% on Indian imports. The campaign, which aligns with Prime Minister Narendra Modi's renewed call to 'buy Indian', has sparked discussions about economic nationalism and brand strategies in the face of international trade tensions.

Campaign Details

The ₹11-billion consumer goods giant took a direct aim at its American competitor, Colgate, without explicitly naming the brand. Dabur placed a front-page advertisement in the Times of India, featuring unbranded toothpaste packs that closely resemble Colgate's packaging. The ad bore the tagline 'Born there, not here' in the colors of the US flag, clearly targeting the American brand's presence in the Indian market.

Market Dynamics

This strategic move comes at a time when Dabur holds the third position in India's toothpaste market with a 17.00% share, while Colgate maintains a dominant 43.00% market share. The campaign appears to be an attempt by Dabur to leverage nationalist sentiments to gain ground in this competitive landscape.

Broader Trend

Dabur's campaign is not an isolated incident. Other Indian companies, including Amul and Rediff, have also launched similar nationalist campaigns. This trend coincides with Prime Minister Modi's recent appeal to children to create lists of foreign goods, further emphasizing the 'buy Indian' message.

Expert Opinion

Marketing experts have labeled this approach as 'moment marketing', where brands capitalize on prevailing nationalist sentiment to boost their appeal. This strategy aims to align brand identity with patriotic values, potentially influencing consumer choices in favor of domestic products.

Market Response

Despite the bold campaign, Dabur's shares closed 1.02% lower at ₹547.05 on the day of the advertisement's release. This market response suggests that investors may be cautious about the potential impact of such campaigns on the company's performance and international relations.

Implications

The campaign highlights the growing tensions between economic nationalism and global trade relationships. As companies like Dabur take strong stances in their marketing strategies, it remains to be seen how this will affect consumer behavior, market dynamics, and the broader landscape of US-India trade relations.

This development underscores the complex interplay between international trade policies, nationalist sentiments, and corporate marketing strategies in an increasingly interconnected global economy.

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