Dabur recorded 13.41 per cent growth in food biz

Dabur India, one of the leading FMCG brand in India has recorded 16.42 per cent increase in consolidated net profit at Rs 282.78 crore for the December quarter, reported PTI.

Last year the brand posted a net profit of Rs 242.88 crore in the same period.

Its consolidated net sales in third quarter of current fiscal grew by 9.16 per cent at Rs 2,073.57 crore, as against Rs 1,899.5 crore in the year-ago period, Dabur India said in a BSE filing.

"Despite a sharp fall in growth rates in most consumer products segments, Dabur continued to focus on brand-building and market expansion programmes and reported strong growth in its core categories, which have been significantly ahead of the market," said Sunil Duggal, CEO, Dabur India.

"Going forward too, our focus will be on pursuing an aggressive and profitable growth strategy," Duggal added.

Dabur recorded a 13.41 per cent growth from food business at Rs 219.83 crore.

Its smaller vertical retail business and other segments grew by 33.45 per cent to Rs 25.65 crore and 33.60 per cent to Rs 37.29 crore respectively.