The Board of Directors of Dabur India Ltd (DIL) met here today to consider the audited financial results of the company for the quarter and the full year ending March 31, 2007.
Dabur India Limited is one of Indias leading FMCG Companies. Building on a legacy of quality and experience for over 120 years, Dabur today is Indias most trusted name and the worlds largest Ayurvedic and Natural Health Care Company. The largest Indian Personal Care and Health Care Company, Dabur India is also a world leader in Ayurveda with a portfolio of over 250 Herbal/Ayurvedic products.
Riding on strong growth across its core categories, Dabur India Ltd recorded a 30.8 per cent increase in net profit during the fourth quarter of 2006-07 to Rs 65.70 crore as against Rs 50.22 crore in the corresponding quarter of the previous fiscal. Its turnover for the quarter stood at Rs 444.76 crore, up 33.7 per cent over Rs 332.69 crore earned a year earlier.
For the full year ended March 31, 2007, Dabur India net profit surged by 33.3 per cent to Rs 252.08 crore from Rs 189.08 crore in 2005-06. Its turnover for the fiscal also marked a 29.8 per cent growth at Rs 1778.02 crore from Rs 1369.68 crore a year earlier.
Dabur India has recorded strong growth in key categories like hair and oral care, health supplements, foods and home care. The Foods Business recorded a strong growth of 28 per cent during the year, while the international business posted a growth of 29.3 per cent, driven by our business in Egypt, Pakistan and the GCC region, Dabur India Ltd Chief Executive Officer Mr. Sunil Duggal said
In the Oral Care category, toothpaste sales led by Babool and Dabur Red reported a 28 per cent growth year-on-year. Vatika led the growth in the Shampoo category, which posted a 31 per cent surge in sales during the year. With this, Dabur has emerged as the fastest growing player in the highly competitive Shampoo and Oral Care categories
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