Dabur India Limited , a leading Indian consumer goods company, has reported a consolidated revenue growth of 1.7% for the first quarter. The company's performance was significantly impacted by unseasonal rainfall and a shortened summer season, which affected its seasonal portfolio, particularly beverages and glucose segments.

Growth Excluding Seasonal Portfolio

When excluding the impact of the seasonal portfolio, Dabur's growth reached a more robust 7%. The company's India business revenue grew by 4.3%, excluding the seasonal portfolio, while the international business demonstrated strong performance with 13.7% growth in constant currency terms.

Segment Performance

Home Care and Personal Care

The Home Care portfolio delivered an impressive 10% growth, with Odonil achieving the #1 position in the air freshener category, commanding a 44% volume market share. The Toothpaste portfolio grew by 7.3%, led by the Red franchise, while the Hair Oil segment achieved its highest-ever market share of 19%.

Healthcare Portfolio

The Healthcare portfolio saw mixed performance:

• Chyawanprash grew by 28%
• Honey grew by 11%
• Glucose declined by 30% due to weather impact

International Business

Dabur's international business remained resilient, delivering a robust double-digit growth of 13.7% in constant currency and 12.7% in INR terms.

Market Share Gains

Dabur reported market share gains across 95% of its portfolio, indicating strong brand performance despite challenging conditions.

Rural vs Urban Performance

Rural markets continued to outperform urban markets for the fifth consecutive quarter, showcasing the company's strong presence in rural areas.

Margin Management

Despite facing 7% commodity inflation, Dabur maintained its operating margins through a combination of price increases (3-4%) and cost-saving initiatives.

Outlook

Mohit Malhotra, CEO of Dabur India Limited, expressed optimism about the coming quarter, stating, "We expect double-digit growth in the coming quarter due to favorable base effect and project high single-digit growth for the full year."

Investor Conference Call

In a recent investor conference call, Dabur's management discussed the company's performance and strategies:

• The company is focusing on premiumization and expansion into new age offerings in both Hair Oils and shampoos.
• Dabur is investing in brand building and distribution expansion.
• The international business is on a strong trajectory with currency depreciation now lapping over in most geographies.
• The company expects sequential recovery in demand due to softening food inflation, favorable monsoon, and sustained momentum in rural areas.

Dabur India continues to navigate challenging market conditions while maintaining its focus on growth and market leadership across various product categories.

Dabur India , a leading Ayurvedic products manufacturer, reported a consolidated net profit of ₹508.29 crore for the first quarter, up from ₹494.35 crore in the same period last year. The company's performance exceeded analyst estimates of ₹497.00 crore, demonstrating resilience in challenging market conditions.

Financial Highlights

• Consolidated revenue from operations grew to ₹3,349.11 crore, compared to ₹2,830.14 crore in the corresponding quarter of the previous year.
• On a standalone basis, revenue was ₹2,514.16 crore with a net profit of ₹405.39 crore.
• Basic earnings per share stood at ₹2.82 for the quarter.

Business Segment Performance

Dabur's CEO, Mohit Malhotra, had previously highlighted the company's strong market share gains across 95% of its portfolio, reflecting consumer trust and brand resilience.

International Business

While specific growth figures for the current quarter were not provided, Dabur's international business has historically shown strong performance across various regions, including the UK, Turkey, Sub-Saharan Africa, MENA, and Bangladesh.

Outlook

Despite facing challenges such as inflationary pressures and unseasonal rains affecting summer-centric products, Dabur continues to focus on:

• Expanding its rural footprint
• Enhancing last-mile connectivity
• Rolling out tailored product formats to deepen engagement in rural communities

The company remains committed to navigating market challenges while capitalizing on growth opportunities, particularly in rural areas and international markets. Dabur's diverse product portfolio and strong brand presence position it well for continued growth in the coming quarters.

The Board of Directors approved these results in a meeting held on July 31. The detailed financial results will be published in Mint and Deshbandhu newspapers on August 1.