Dabur Q2 results: Net profit falls 17.5% amid urban demand squeeze

Quick Summary:

The maker of Hajmola candy and Real fruit juice, recorded a 5.5 per cent drop in net sales to Rs 3,028.6 crore from Rs 3,203.

In 2022, it had acquired a 51 per cent stake in Badshah Masala for Rs 587.52 crore, which recorded a 15 per cent growth in the September quarter.

GHCL Q2 results: PAT rises 8% to Rs 154.“We believe urban consumption has bottomed out and should see an improvement going forward, as new channels have been growing ahead of general trade,” he added.

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Category: BusinessFinance

Markets: India

Topics: Hajmola Real Juice Dabur stocks Dabur Dabur India Q2 results

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 20:56:47 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 634 words

Reading Time: 4 minutes read

Sentences: 20 lines

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News ID: 23340090

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