Dabur Q4 consolidated revenue surges 7.7% to Rs2,518 crore; Stock sheds over 1.5%

6 May 2022 , 09:17 AM

India’s leading Science-based Ayurveda major Dabur India Ltd has reported a 7.7% growth in Consolidated Revenue for the Fourth Quarter ended March 31, 2022 on a high 25% base of the previous year. The full-year Consolidated Revenue for 2021-22 grew 14% year-on-year to cross the Rs 10,000 crore landmark.

The Board of Directors of Dabur India Ltd (DIL) met on Thursday to consider the audited financial results of the Company for the quarter and full year ended March 31, 2022.

Dabur delivered another quarter with steady Revenue growth despite significant and increasing cost headwinds taking a toll on consumer purchases. Dabur reported a Consolidated Revenue growth of 7.7% at Rs2,518 crore in the fourth quarter of 2021-22 financial year, up from Rs2,337 crore in the same quarter a year ago. Consolidated Revenue for the quarter reported a 2-year CAGR of 16.2%, reflecting the remarkable agility and resilience the business continues to demonstrate even in a tough market.

Riding on consistent performance, backed by sustained efforts to drive demand for our brands, Dabur ended the full-year 2021-22 with a Consolidated Revenue of Rs10,889 crore, up 14% from Rs9,562 crore in 2020-21. Net Profit before exceptional items for the 2021-22 fiscal reported a 7.7% jump to Rs1,824 crore, up from Rs1,693 crore a year ago.

“The dramatic rise in input costs was the major challenge during the quarter. We responded to this challenge with a mix of pricing actions and cost control measures. These are challenging times, and we are happy to have progressed well in this journey with consumer-centric innovations to expand our total addressable market and gain market share across 99% of our product portfolio. Innovation continued to be the cornerstone of our strategy with new launches contributing to 5% of our Revenue.

The year 2021- 22 was a strong year for Dabur as we ended with an industry leading Revenue growth of 13.8% in our India Business, with an underlying FMCG Volume Growth of 10.1% for the full year. We also ended the year with a 15.8% Constant Currency growth in the International Business,” Dabur India Ltd Chief Executive Officer Mohit Malhotra said.

At around 9:17 AM, Dabur India was trading at Rs520.60 per piece lower by 1.63% on the BSE.