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Dabur India Beats Q3 View On Sustained Rural Demand

Hindustan Times West UP

|

February 01, 2025

Consumer goods maker Dabur India reported third-quarter profit above estimates on Thursday, driven by continued demand in its core rural market.

- Reuters

Shares of the company closed 3% higher after the results.

Dabur's consolidated profit rose 1.6% year-on-year to ₹522 crore for the three months ended December 31.

Analysts, on average, expected a profit of ₹515 crore, according to data compiled by LSEG.

A slew of festivals celebrated by Indians during the reporting quarter contributed to higher rural consumption, although a slowdown in urban consumption remained an overhang on growth.

Hindustan Times West UP

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