Dabur Q1 Results: Profit Rises 3%, Meets Estimates

Dabur India Ltd. reported a 3% rise in consolidated net profit for the June quarter, in line with expectations. Dabur posted a profit of Rs 514 crore in the first quarter as compared to Rs 500.1 crore in the year-ago period, according to an exchange filing on Thursday. Revenue up 1.7% to Rs 3,404.58 crore versus Rs 3,349.11 crore (Bloomberg Estimate: Rs 3,397.38 crore). Net profit up 3% to Rs 513.91 crore versus Rs 500.12 crore (Bloomberg Estimate: Rs 490.38 crore). Ebitda up 2% to Rs 667.82 crore versus Rs 655.03 crore (Bloomberg Estimate: Rs 650.80 crore). Margin flat at 19.6% (Bloomberg Estimate: 19.2%).