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Dabur expects low-single digit revenue growth in Q3
Hindustan Times West UP
|January 04, 2025
Dabur expects a "low single-digit growth" in the December quarter along with a "flattish operating profit" as the homegrown FMCG major faced inflationary headwinds in some of the segments.
NEW DELHI:
This forced Dabur to go for "tactical price increases" and tried to mitigate the inflationary pressure through cost-efficiency initiatives partially, Dabur informed in its quarterly updates on Friday.
During the October-December period, rural consumption of FMCG was resilient and continued to grow faster.
Alternative channels like modern trade, e-commerce, and quick commerce continued to post strong growth, while general trade, which mainly includes neighbourhood kirana stores was still under pressure in the October-December period.
In the domestic market, Dabur's HPC (home & personal care) is expected to grow in the mid to high single digits, while Health Care is expected to be 'flattish' due to the delayed winter onset.
This story is from the January 04, 2025 edition of Hindustan Times West UP.
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