Dabur posts positive results; lift in Nepal's blockade recoups Revenues
Bhagyashree Vivarekar / 29 Apr 2016
Dabur India, the FMCG giant known for its personal products, has posted better than expected Q4FY16 results. This home grown company has seen a marginal growth QoQ; but YoY results have given a double digit growth.
Dabur India, the FMCG giant known for its personal products, has posted better than expected Q4FY16 results. This home grown company has seen a marginal growth QoQ; but YoY results have given a double digit growth.
Company’s consolidated Revenues have come in at Rs 2161.3 crores in this quarter as against Rs 2127 crores in Q3FY16, an increase of 1.6 per cent. Company’s EBITDA has come in at Rs. 415.35 crores as against Rs. 378.19 crores, an increase of 9.8 per cent. Company’s Food business has seen a substantial growth of 84.7 per cent at Rs 309.85 crore as against Rs 167.72 crore in the last quarter.
On the contrary, December quarter Revenues from Food business had seen a decline of 38.2 per cent after operations at its juice manufacturing plant was hit by a prolonged border blockade imposed by Nepal’s Madhesi people. The blockade was later lifted recently in February which brought the revenues back on track.
Company’s Net Profit stands at Rs 331.93 crore in Q4FY16 as compared to Rs 318.79 crore in the last quarter i.e. an increase of 4.2 per cent. Accordingly Food Business has seen a net profit growth of 252.7 per cent at Rs 43.85 crore.
The Year on Year (YOY) results show that, Company’s consolidated Revenues have risen 10.9 per cent which was Rs 1949.7 crore in the same quarter last year. EBITDA of company has risen 20.2 per cent from Rs 345.65 crore YOY. Net profit (PAT) too has witnessed an increase of 16.6 per cent from Rs 284.76 crore.
March 2016 closed on a positive note for Dabur India. Company’s consolidated Revenues have increased by 8.1 per cent at Rs. 8435.95 crore for the year ended March 2016 as compared to Rs 7806.37 crore for FY15. EBITDA has surged at Rs. 1519.78 crore for FY16 as compared to Rs 1316.41 crore in FY15, an increase of 15.4 per cent. Net profit too has grown from Rs 1065.83 crore in FY15 to Rs 1252.71 crore in FY16, an increase of 17.5 per cent.
Dabur India stock is trading at Rs 272.55 i.e. an increase of 1.08 per cent.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.