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Dabur Q3 net grows 15%

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New Delhi, Jan. 28 Dabur India reported a 15 per cent growth in standalone net profits at Rs 104.7 crore, for the quarter ended December 2008. Net sales grew 16 per cent to Rs 673.6 crore during the period.

The FMCG company credits the growth to the strong performance in key categories such as hair care, skin care and home care, coupled with a softening of input costs.

“Even in the current economic scenario, demand for our everyday use products continue to be strong and we have not seen any significant impact on consumer spending,” said Mr Sunil Duggal, CEO, Dabur India, in a release.

Dividend

Dabur India has approved an interim dividend of 75 per cent for the year, aggregating to a payout of Rs 64.88 crore.

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