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Dabur India Q1 net profit up 5%

Dabur India Q1 net profit up 5%
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Dabur India Q1 net profit up 5%

New Delhi: FMCG major Dabur India on Thursday said its consolidated net profit increased 5 per cent to Rs 464 crore in the June quarter on the back of robust sales. The company had reported a net profit of Rs 440 crore in the April-June period of the last fiscal. The company's total income rose to Rs 3,240 crore in the first quarter of the current fiscal from Rs 2,923 crore in the year-ago period, Dabur India said in a regulatory filing on Thursday. "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 organisation culture in our pursuit of sustainable, balanced growth and value creation," Dabur India Chief Executive Officer Mohit Malhotra said.

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