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( As on 02/05/2024 17:40)

Dabur India Q4 net profit up 21.51% at Rs 283.15 cr

The company reported standalone net profit of Rs 283.15 crore for the quarter ended March 31, 2024 as compared to Rs 233.03 crore in the same period last year, registering a year-on-year growth of 21.51 per cent.

Net revenue of the company rose by 5.15 per cent at Rs 2,039.46 crore in January-March quarter of this fiscal as against Rs 1,939.48 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 4.11 per cent to Rs 1,702.88 crore from Rs 1,635.72 crore in year ago period.

Other Income dipped by 0.51 per cent at Rs 114.18 crore versus (Mar'23 Rs 114.76 crore).

Operating Profit surged by 10.80 per cent to Rs 336.58 crore as against Rs 303.76 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.36 per cent in March quarter.

Interest grew by 25.27 per cent y-o-y to Rs 23.45 crore, while Taxation increased by 3.52 per cent at Rs 89.97 crore (Mar'23 Rs 86.91 crore).