Dabur India forecasts weak Q2 revenue; stock slips 8%, hits 4-month low

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Dabur India forecasts weak Q2 revenue; stock slips 8%, hits 4-month low - Business Standard

Quick Summary:

The company provides health supplements, digestives, shampoos, hair oils, skin care, oral care, foods and other OTC and ethical products.

This significant progress highlights the company's steadfast commitment to sustainability and responsible governance, Motilal Oswal Financial Services said in company update.

On account of lower primary revenue and high advertisement & promotion (A&P), however, the management expects operating profit to decline in mid to high teens Y-o-Y in Q2FY25.