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Dabur India Ltd Q1FY22 consolidated PAT climbs to Rs. 437.33 crores



Posted On : 2021-08-03 15:04:21( TIMEZONE : IST )

Dabur India Ltd Q1FY22 consolidated PAT climbs to Rs. 437.33 crores

Dabur India Ltd. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.2696.38 crores during the period ended June 30, 2021 as compared to Rs.2421.77 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.437.33 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.377.82 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.2.47 for the period ended June 30, 2021 as compared to Rs.2.13 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 2696.38 crs₹ 2421.77 crsUp Tick 11.34%
Net Profit₹ 437.33 crs₹ 377.82 crsUp Tick 15.75%
EPS₹ 2.47₹ 2.13Up Tick 15.96%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.2696.38 crores during the period ended June 30, 2021 as compared to Rs.2051.77 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.437.33 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.341.78 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.2.47 for the period ended June 30, 2021 as compared to Rs.1.93 for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 2696.38 crs₹ 2051.77 crsUp Tick 31.42%
Net Profit₹ 437.33 crs₹ 341.78 crsUp Tick 27.96%
EPS₹ 2.47₹ 1.93Up Tick 27.98%

Continued investments behind the Power Brands and increasing distribution footprint, coupled with a structured and balanced approach to driving cost management, helped Dabur India Ltd overcome the challenging context of COVID second wave and report a strong Topline and Bottomline performance h the quarter ended June 30th, 2021. Despite the mobility restrictions and disruptions due to localised lockdowns, Dabur India Ltd ended Q1 of 2021-22 with a robust 32% surge in Consolidated Revenue at Rs 2,612 Crore, up from Rs 1,980 Crore. Consolidated Net Profit for the first quarter reported a 28% growth at Rs 437 Crore, up from Rs 342 Crore a year earlier.

Dabur's India FMCG Business grew by 35.4%, with an underlying Volume Growth of 34.4% in the first quarter of 2021-22.

"Riding on the strength of its strategic business transformation exercise, Dabur demonstrated renewed agility and resilience in the face of the second wave of COVID-19. We applied learnings from last year on streamlining the Supply Chain to ensure minimal disruption in supplies while firmly focusing on delivering volume-led profitable growth. Our Operating Margin reported a 32.5% growth during the quarter, which marked a 10 bps gain despite high inflationary pressures. Our Pre-Tax Profit also grew by a robust 34% during the quarter," Dabur India Ltd Chief Executive Officer Mr. Mohit Malhotra said.

Dabur continued to post strong growth and market share gains across all key verticals like Health Care, Home Care, Personal Care and Foods in Q1 2021-22. E-Commerce reported an over 100% growth and today contributes to 8.2% of the India FMG business. "While the operating environment was challenging and the competitive intensity high, we have successfully tapped the growth opportunities to deliver a strong performance during the quarter. We continue to invest ahead of the curve in expanding our rural footprint. We have expanded our rural coverage by 16%, from 60,000 villages at the end of 2020-21 to 69,000 villages in Ql, 2021-21. We plan to further expand it by 33% to 80,000 villages over the next 2 years," Mr. Malhotra added.

"With the surge in COVI D cases in the second wave, ensuring the safety and well-being of people remained our top priority. We have been working towards ensuring that every single member of the Dabur family is vaccinated. We stand with all those affected and will continue to work closely with the Central and State governments, health authorities and the community to support the society and help rebuild the nation," Mr. Mohit Malhotra said.

Shares of Dabur India Ltd. was last trading in BSE at Rs. 599.2 as compared to the previous close of Rs. 600.5. The total number of shares traded during the day was 97129 in over 3360 trades.

The stock hit an intraday high of Rs. 608.9 and intraday low of 594.65. The net turnover during the day was Rs. 58356628.

Source : Equity Bulls

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