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Dabur India Results: Latest Quarterly Results & Analysis

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Dabur India Ltd. 30 Oct 2025 16:35 PM
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Q2FY26 Quarterly Result Announced for Dabur India Ltd.

Personal Products company Dabur India announced Q2FY26 results

  • Consolidated Revenue of Rs 3, 191 crore, a 5.4% growth over Q2FY25.
  • Consolidated Net Profit for Q2FY26 at Rs 453 crore, up from Rs 425 crore a year ago.

Mohit Malhotra, Chief Executive Officer, Dabur India, said: "Our performance during the quarter stands as a testament to Dabur's enduring resilience and consumer trust. Despite a dynamic economic environment and transitional GST headwinds, we delivered robust topline and bottomline growth, reaffirming our leadership across core categories. Our India business reported market share gains across 95% of the portfolio, a clear testament to our focused brand investments and deep consumer connect."

"We are entering a new phase of growth, powered by a future-ready strategy and deep consumer trust. We are investing boldly in premiumization, digital transformation, and distribution expansion, three pillars that will define the next chapter of our journey. As macroeconomic indicators turn favorable and GST reforms unlock afford ability, Dabur is uniquely positioned to accelerate inclusive growth and reinforce its leadership across segments."

"Our approach will be to invest in new-age future forward businesses in the spaces of Personal Care, Health Care, Wellness Foods, Beverages, and Ayurveda. This initiative underscores our commitment to innovation-Led growth, while accelerating our premiumisation journey and opening doors to emerging consumer spaces that define the future of our industry."

Mohit Burman, Chairman, Dabur India, said: "Continuing with our payout policy, the Board has declared an Interim Dividend of Rs 2.75 per share, aggregating to a total payout of Rs 487.76 crore."

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Personal Products company Dabur India announced Q1FY26 results

  • Consolidated Revenue of Rs 3,405 crore.
  • Consolidated Net Profit for the Q1FY26 at Rs 514 crore, up from Rs 500 crore in Q1FY25.
  • Excluding this seasonal portfolio, the business grew by 7% in Q1FY26.

Mohit Malhotra, Chief Executive Officer, Dabur India, said: Despite facing inflationary headwinds during the quarter, Dabur delivered a 2% growth in Operating Profit, outpacing topline growth and underscoring the strength of our brands and execution. "This performance was anchored by solid market share gains across 95% of our portfolio, reflecting the trust of our consumers, the resilience of our brands and the agility of our teams to navigate challenges and deliver ahead of expectations."

For five consecutive quarters, rural markets have outperformed urban, reflecting deep-rooted resilience and rising consumer confidence across the heartland. This quarter too, the growth from Bharat stood 390 bps ahead of urban India, both in value and volume terms. Dabur has made remarkable strides in expanding its distribution footprint with direct reach surging by 63,000 outlets year-on-year, now spanning 1.52 million outlets, up from 1.45 million in Q1FY25. Our village coverage expanded by around 10,000 villages, reaching 1.33 lakh villages, while our Yoddha network grew by around 900 members to 19,900 Yoddhas. These reflect our relentless efforts to bring our products closer to consumers across India.

"While urban markets, riding on the strong performance of Modern Trade and emerging channels, have shown signs of sequential improvement, it still lags rural growth. We recognize that rural consumers are the growth engine for us. Through targeted initiatives such as expanding our rural footprint, enhancing last-mile connectivity, and rolling out tailored product formats, we have deepened our engagement and trust in these communities."

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Personal Products company Dabur India announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Revenue: Rs 2,830.14 crore compared to Rs 2,814.64 crore during Q4FY24.
  • Consolidated Net Profit of Rs 320 crore for Q4FY25 on a Revenue of Rs 2,830 crore.

FY25 Financial Highlights:

  • Dabur delivered 2.1% Constant Currency Revenue growth at Rs 2,830 crore.
  • Revenue for the full year 2024-25 stood at Rs 12,563 crore, up from Rs 1 2,404 crore a year earlier, the full-year Revenue marks a 3.6% growth.

Mohit Malhotra, Chief Executive Officer, Dabur India, said: "Despite facing some pressures in the India business, our international business enabled us to successfully navigate the complex external environment. Our International Business achieved 19% Constant Currency growth in the fourth quarter and 17% during the full year. We expect consumer demand in India to recover progressively in the coming quarters, both in urban and rural markets. Our business fundamentals remain strongwith household penetration gains across Oral Care, Hair Care, Healthcare, Air Fresheners and Food & Beverages businesses. We are focusing on strengthening our competitive edge in the marketplace by investing in scaling up our rural footprint and rolling out consumercentric innovations."

Net Profit for the fourth quarter stood at Rs 320 crore, and at Rs 1,768 crore for the FY25.

"We remain committed to modernizing our core portfolio, driving premiumization, and plugging white spaces in our hlome & Personal Care, HC and F&B business verticals. In addition, we are refining our Go-To-Market strategy to respond to the changing channel dynamics in urban India. This reinforces our confidence to deliver an industry-leading profitable growth, going forward."

P. D. Narang, Director, Dabur India, said: "In line with our payout policy, the Board has proposed a dividend of Rs 5.25 per share, aggregating to Rs 1,417.86 crore,"

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Personal Products company Dabur India announced Q3FY25 results

  • Consolidated Revenue for Q3FY25 stood at Rs 3,355 Crore, up from Rs 3,255 Crore in Q3FY24.
  • Q3FY25 Revenue growth stands at 5.6% in Constant Currency terms. Operating Profit registered a 2.1% growth YoY at Rs 682 crore.

Dabur India, Chief Executive Officer, Mohit Malhotra said: "We focused on strengthening our competitive edge in the marketplace to gain market share in 95% of our portfolio and enhancing brand superiority to strengthen and consolidate our position in the categories where we operate.

We have engaged a Leading consulting firm, McKinsey & Co to refine and align our strategies for the next 3 years in line with the evolving dynamics.

With the geopolitical landscape remaining volatile in the short term, shrouded by uncertain macroeconomic indicators, Dabur has decided to revise its strategic Vision cycle from four years to three years to create a more agile organisation that can quickly navigate the challenges and capture the emerging opportunities. "We have engaged a Leading consulting firm, McKinsey & Co to refine and align our strategies for the next 3 years in line with the evolving dynamics.

Our rural distribution network expanded by 15,000 villages this fiscal and today reaches over 131,000 villages, making it amongst the highest in the industry. This extensive reach has given us a distinct advantage, allowing us to drive rural growth at a pace nearly 140 bps ahead of urban areas. The positive trend in rural consumption is a testament to our commitment to this consumer base and our ability to adapt to their unique needs."

"Our focus on premiumisation is also paying off, with our premium portfolio growing 2.5 to 3 times faster than our overall business in India. We intend to continue this journey and keep delivering products that exceed our consumers' expectations."

"Our commitment to Environmental, Social, and Governance (ESG) principles is today at the core of our business strategy. These accolades are a testament to the hard work and commitment of our entire team. As we move forward, we remain steadfast in our mission to drive sustainable growth and make a meaningful impact on the world."

"Dabur is progressing well to meet its long-term sustainabitity commitments with a significant improvement in its Corporate Sustainability Assessment or CSA Score for 2024. Dabur has been ranked by DJSI amongst the top two FMCG Companies in India with a score of 81, up from 72 a year ago. "Our commitment to Environmental, Social, and Governance (ESG) principles is today at the core of our business strategy. These accolades are a testament to the hard work and commitment of our entire team. As we move forward, we remain steadfast in our mission to drive sustainable growth and make a meaningful impact on the world"

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Personal Products company Dabur India announced Q2FY25 results

  • Consolidated Net Profit of Rs 425 crore for Q2FY25 on a Revenue of Rs 3,029 crore.
  • lnterim Dividend of Rs 2.75 per share, aggregating to a total payout of Rs 487.39 crore.

Mohit Mathotra, Chief Executive Officer, Dabur lndia, said: "Over the past coupte of years, we have witnessed a marked shift in consumer buying patterns in favour of emerging channels tike quick commerce, driven by the convenience this channeI offers. This has resutted in the emerging channels growing at high teens, putting the General Trade under stress. To address the changing dynamics in the marketplace and support our distributor partners in tiding over the challenges, we took a proactive decision to rationalize inventory in the GeneraI Trade, which resulted in a temporary dip in sates during the quarter. However, the move has resulted in improving the long-term health and hygiene of our business, paving the way for healthy growth going forward,"

"This one-off adjustment notwithstanding, Dabur's business fundamentaI remains strong with secondary sates for the second quarter growing at over 2% and our S-year Revenue CAGR for the lndia business at over 8%."

Mohit Burman, Chairman, Dabur lndia, said: "Continuing with our payout policy, the Board has dectared an lnterim Dividend of Rs 2.75 per share, aggregating to a totaL payout of Rs 487.39 crore."

Dabur continued to invest behind its brands, helping the lndia Business report market share gains across 95% of the portfolio. "We expect recovery in consumer demand in the coming quarters, both in urban and rural markets. We are focusing on strengthening our competitive edge in the marketplace by investing in scaling up our ruraI footprint and rolling out consumer-centric innovations. Our focused approach towards expanding our ruralfootprint to over 1.22 lakh vitllages reaped rich dividend as rural demand outpaced urban demand by 130 bps during the quarter. To cater to this wider network, we have expanded our product basket with the launch of affordable and rural-specific pack bundles across categories, besides investing in consumer activations in the hinterland to estabtish a better connect with our consumers,"

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Personal Products company Dabur India announced Q1FY25 results:

  • Consolidated Revenue: Achieved Rs 3,349 crore for Q1FY25, marking a 7% growth driven by steady performance across key business verticals.
  • Constant Currency Revenue Growth: Recorded at 10% on a constant currency basis.
  • Operating Profit Growth: Increased by 8.3%, reflecting the resilience of Dabur's business model amid challenging market conditions.
  • Consolidated Net Profit: Grew by 8% to Rs 500 crore, up from Rs 464 crore in the previous year.
  • FMCG Volume Growth: The India FMCG business reported a volume growth of 5.2% for the quarter.
  • Challenging Environment: The growth was achieved despite high food inflation and an elevated unemployment rate impacting demand.

Dabur India Limited Chief Executive Officer Mohit Malhotra said: "It's been a good start to the new financial year as we drove sequential recovery in volume growth, driven by rural markets, to report industry-leading performance across our key verticals. This allowed us to plough higher investments behind our brands to drive market expansion and sustain our growth momentum,"

"Through disciplined execution of our go-to-market strategy, we continued to capitalise on our brand strength and deepen engagement with our consumers. Ourfocussed approach towards expanding our rural footprint to over 1.22 lakh villages reaped rich dividend as rural demand outpaced urban demand by 350 bps during the quarter. To cater to this wider network, we have expanded our product basket with the launch of newer affordable and rural-specific pack bundles across categories, besides investing in consumer activations in the hinterland to establish a better connect with our consumers," Mr. Malhotra added.

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Personal products company Dabur India announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • For the fourth quarter, Dabur's consolidated net profit surged 16.2% to Rs 350 crore from Rs 301 crore in the same period the previous year. Adjusting for certain factors on a like-to-like basis, the Q4 consolidated net profit was up 22.7% to Rs 370 crore.
  • Quarterly consolidated revenue showed a 7.3% rise on a constant currency basis, recording Rs 2,815 crore, a 5.1% increase in INR terms from the previous year's quarter of Rs 2,678 crore.
  • The company witnessed a 13.9% improvement in operating profit during the quarter.
  • International business reported a 12% growth in constant currency in the fourth quarter.

FY24 Financial Highlights:

  • Dabur India Ltd's annual consolidated revenue for the FY24 crossed Rs 12,000 crore, reaching Rs 12,404 crore, a 7.6% increase from the previous year's Rs 11,530 crore. On a constant currency basis, this represents a growth of 10.1%.
  • The company's full-year consolidated net profit rose by 7.9% to Rs 1,843 crore, up from Rs 1,707 crore in the preceding year.
  • The FMCG business volume growth stood at 5.5% for the year.
  • Market share gains were observed across 95% of Dabur's portfolio, with notable increases in Odomos, Chyawanprash, Hair Oil, Honitus, and Juices & Nectars categories.
  • International business reported a 16.4% growth for the full year, with significant accomplishments in Egypt, Turkey, the MENA region, and Sub-Saharan Africa.
  • The board proposed a final dividend of 275%, making the total dividend for the year 550%, translating to Rs 2.75 per share or Rs. 487.31 crore in aggregate.

Dabur India, Chief Executive Officer, Mohit Mathotra, said, "We've ended the year with a steady performance. underscoring the power of Dabur's brands. We have been investing heavily behind our brands, which tncreased by 33%, to drive demand and also sustain the growth momentum. This has helped us deliver steady sales and profit growth in the fourth quarter despite multiple headwinds. We continued to execute on our strategic plan by driving operational excellence, delivering innovative and premium products, and expanding our retail footprint to build the foundation for long-term profitable, sustainabte growth"

Dabur India FMCG Business posted a volume growth of 5.5% for the full year. The India Business saw our key brands and products post category-leading growths with market share gains across 95% of the portfolio. Our mosquito repellent brand Odomos reported a 677bps gain in market share, while Chyawanprash reported a 138bps gain, and our market share on the hair oil market saw a 115bps increase. Honitus also marked a 114 basis point market share gain, while our brands carved a 53 basis point increase in the Juices & Nectars category.

Dabur has been investing in growing the rural footprint, which has helped rural demand for our brands grow ahead of urban. Alongside, we have expanded our product basket in the rural market with the launch of newer affordable and rural-specific packs across categories to feed these markets and push demand growth. The Company has also invested in consumer activations in the hinterland to better reach out to consumers, giving them an opportunity to touch, feel and experience our products.

Our rural coverage during the year expanded by 22,000 villages to 122,000 villages. Dabur's rural distribution has, in fact, been the highest in the industry, giving us a distinct advantage and helping us drive rural growth. These ahead of curve investments have
resulted in our rural business growing 400 bps ahead of urban."

 

Result PDF

Personal Products company Dabur India announced Q3FY24 results:

  • Consolidated Revenue from Operations up 7% at Rs 3,255 crore
  • Consolidated Revenue reports 10% Constant Currency growth
  • Consolidated Operating Profit posted a 9.5% growth
  • Q3 Net Profit up 8% at Rs 514.2 crore
  • India's FMCG Volume Growth stands at 6%
  • International Business posts 11.7% Constant Currency growth

"We remain intensely focused on our strategies of managing an agile and accountable organization structure with a focus on superior product delivery and constructive disruption to drive sustainable, profitable growth across our portfolio. Moderating inflation coupled with buoyant consumer sentiments and our focussed investment in distribution footprint expansion in rural India helped demand from the hinterland bounce back for Dabur. Rural demand for Dabur grew 200 bps ahead of urban. We have also stepped up investment behind our brands to drive competitive volume growth, reflected in our higher advertising spends during the quarter" said Dabur India, Chief Executive Officer, Mohit Malhotra.

"We have been investing in growing our rural footprint, which has expanded by 17,000 villages in the current fiscal from 100,000 to 117,000. We are working towards ending this year with a rural coverage of 1.2 lakh villages. Dabur's rural distribution has, in fact, been the highest in the industry, giving us a distinct advantage and helping drive our rural growth," Malhotra added.

Result PDF

Personal Products company Dabur India announced Q2FY24 results:

1. Financial Performance:
- Dabur India Limited reported a 7.3% growth in Revenue from Operations for Q2FY24, reaching Rs 3,203.8 crore.
- Consolidated Revenue showed a 10.4% Constant Currency growth.
- Operating Profit grew by 10%, with a 16% surge when excluding exceptional legal costs.
- Net Profit increased by 5.1% to Rs 515.1 crore, or 14.1% when excluding exceptional legal costs.
- India's FMCG Volume growth stood at 3%, while the international business saw a 23.6% Constant Currency growth.

2. India Business Performance:
- Key brands and products in the India FMCG market showed category-leading growth and gained market share across 90% of the product portfolio.
- Volume growth for the India FMCG business was 3%.
- Ad Spends for the quarter increased by 42.6% in the Consolidated business and 40.3% in the Standalone business.
- Gross margins improved due to moderating inflation.

3. International Business Performance:
- Dabur's international business experienced strong growth, with a 23.6% Constant Currency increase.
- The MENA business grew by 18.4%, Egypt by 35%, and the Turkey business by 78%.

4. Category Performance:
- The Digestive business, driven by Hajmola, grew by 18.1%.
- The home care business reported a 15.1% growth.
- Ayurvedic OTC and ethical business grew by 8.1%.
- Dabur Red toothpaste franchise showed high single-digit growth and gained market share.
- The beverage business was impacted by unseasonal rains, while the food business saw a 40.4% surge.
- Recently acquired Badshah brand reported a 16.4% growth.

5. Dividend:
- Dabur India declared an Interim Dividend of 275% for 2023-24, totaling Rs 2.75 per share and Rs 487.31 crore in payout.

6. Sustainability Focus:
- Dabur improved its ranking on the Dow Jones Sustainability Index by 140%.
- Dabur aims to achieve Net Zero in its entire value chain by 2045.

"We have delivered steady Revenue and double-digit Operating Profit growth with improvement in gross margins led by moderating inflation. We believe we are on the right path with our strategic playbook. We remain focused on managing our business with agility, leveraging our strong distribution footprint while enhancing our margins, quarter after quarter." said Mohit Malhotra, CEO of Dabur India.

"We have witnessed a marked sequential improvement in urban demand, led by new-age channels. While rural growth still lags urban demand, the gap has reduced. We are increasingly optimistic about the future as we are seeing green shoots of recovery in Rural sentiments. We will continue to invest behind our brands, distribution infrastructure, and innovation to deliver volume-led profitable growth," he added

 

 

Result PDF

Personal Products company Dabur India announced Q1FY24 results:

  • Consolidated revenue growth of 11% for Q1FY24 to cross the Rs 3,000 crore mark for the first time in the first quarter, driven by strong double-digit growth in both HPC and HC businesses.
  • The Q1FY24 revenue growth stands at 13.3% on a Constant Currency basis.
  • Dabur reported an 11% growth in consolidated revenue at Rs 3,130 crore, up from Rs 2,822 crore in Q1FY23, with an underlying volume growth of 3% in the India FMCG business.
  • Dabur's operating profit saw a growth of 11.2%.
  • Dabur ended Q1FY24 with a 5.3% growth in consolidated net profit at Rs 464 crore, up from Rs 440.3 crore Q1FY23. Net Profit excluding amortisation related to the Badshah acquisition reported an 8% growth.
  • Dabur's international business reported a 20.6% growth in constant currency terms

"We remain committed to our strategy of superior go-to-market execution by enhancing our distribution footprint while focusing on driving growth for our Power Brands and building an agile organization culture in our pursuit of sustainable, balanced growth and value creation. We have initiated several measures to pursue greater efficiency and the gains were ploughed back in the form of higher investments in our brands to drive demand. Our media spends grew by 30% in the Consolidated business and by 28% in the India business," Chief Executive Officer Mohit Malhotra said.

"We continue to see strong consumer engagement with our brands, helping them grow significantly ahead of the market and report market share gains across 90% of the portfolio. With the inflation softening, we have seen our rural growths bounce back to high single digits after three quarters. While rural growth continues to lag urban demand, the gap has reduced significantly. We continue to strengthen our long-term competitiveness through investments in developing consumer-centric innovations and technology, as we deliver on our purpose of health and well-being for every household," Malhotra added.

 

 

Result PDF

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