Dabur India Reports Q2 Sales Slowdown, Expects Recovery
DABUR a announced a short-term sales disruption in the second quarter ending September, citing deferred consumer purchases and retailers clearing higher-priced inventory before the GST cuts effective September 22. The company projects mid-single-digit revenue and operating profit growth for Q2. However, Dabur remains optimistic, expecting sales momentum to rebound in upcoming quarters, driven by tax benefits and rising urban demand.
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