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Dabur India net profit down 22 per cent at Rs 294.34 crore in Q4

New Delhi, May 5 (PTI) Daily-use product maker Dabur India Ltd reported a 21.98 per cent decline in consolidated net profit at Rs 294.34 crore for the fourth quarter ended March 2022. The company gave this information in the information sent to the stock exchanges on Thursday.

The company had made a net profit of Rs 377.29 crore in the same quarter of 2020-21 a year ago.

Dabur has now become a Rs 10,000 crore company in terms of business. The company’s income reached Rs 10,888.68 crore in 2021-22.

Its operating income rose 7.74 per cent to Rs 2,517.81 crore during the quarter under review, as against Rs 2,336.79 crore in the year-ago quarter.

The company’s total expenses stood at Rs 2,141.04 crore in the fourth quarter of FY 2021-22, an increase of 8.7 per cent from Rs 1,969.54 crore in the fourth quarter of FY 2020-21.

Dabur’s international business grew by 10.7 per cent to around Rs 665 crore during the quarter.

Dabur’s consolidated net profit jumped 2.79 per cent to Rs 1,742.30 crore for the full financial year 2021-22. In the previous financial year 2020-21, it was Rs 1,694.95 crore.

Operating revenue stood at Rs 10,888.68 crore in the last financial year, an increase of 13.87 per cent from Rs 9,561.65 crore in the previous financial year 2020-21.

In a separate communication to the stock exchanges, Dabur India said its board of directors has recommended a final dividend of Rs 2.70 per equity share on a face value of Re 1 share for 2021-22.

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