Dabur India

By Research Desk
about 12 years ago

The Indian FMCG company has done well for Q2FY13. Its net sales at Rs.1523 crore, up 4% (QoQ) and 21% (YoY).  It ended the quarter with a net profit at Rs.202 crore, up 35% on a QoQ and 16% on a YoY. By keeping a tight tab on the costs, the sequential bottomline rise was much better than the rise in the topline.  QoQ, it got down the advertising costs by 21% though employee benefit expenses rose 14%. Despite the inflationary pressures, these numbers, on the back of judicious price increases and improved buying efficiencies look good. Its volumes grew 9% in Q2 of which price hikes accounted for 6% of growth.

The company's shampoo category ended current Q2 with a 40% (YoY) growth and the skin care business, riding on Fem, reported a near 25% growth. The homecare business grew 23% and health supplements business grew 16%. It’s international business recorded a growth of 25%, led by robust performance in GCC, Egypt and Nigeria. Monsoon has neither been great nor too bad and coupled with the festive demand, Q3 could be much better.

512.90 (+7.10)