Dabur India announced its financial Results for the quarter and nine months ended on December 31, 2024.
Post the announcement, on January 31, 2025, Dabur share price opened at ₹538.00, up from its previous close of ₹533.70. However, at 10:11 AM, the share price of Dabur was trading at ₹529.40, down by 0.81% on the NSE.
The company reported a 3.1% increase in consolidated revenue for Q3 2024-25, marking a significant achievement in a challenging market environment. The revenue for the quarter stood at ₹3,355 crore, up from ₹3,255 crore in the corresponding quarter of the previous year.
The growth in revenue reflects Dabur’s consistent market share gains across key categories, as well as its continued investments in consumer-centric innovations aimed at driving demand.
Despite facing high food inflation, a slowdown in urban demand, and geopolitical uncertainties, Dabur India focused on strengthening its position in both urban and rural markets.
The company achieved a 5.6% growth in constant currency terms, demonstrating its ability to adapt to changing market dynamics. Operating profit for the quarter stood at ₹682 crore, showing a year-on-year growth of 2.1%.
Dabur’s CEO, Mohit Malhotra, stated, “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.”
Dabur’s strategic vision has been refined to ensure it remains agile in the face of ongoing challenges in the global and domestic markets. The company has decided to revise its strategic planning cycle from four years to three years, allowing it to respond more effectively to the evolving market dynamics.
“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,” Mr. Malhotra said.
Speaking of rural focus, he added, “Our rural distribution network expanded by 15,000 villages this fiscal and today reaches over 1,31,000 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.”
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Published on: Jan 31, 2025, 11:34 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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