Dabur posts Double digit growth in first Quarter
Science-based Ayurveda major Dabur India Limited on Thursday announced a 11 per
cent growth in Consolidated Revenue for the First Quarter of 2023-24 to cross
the Rs 3,000 Crore mark for the first time in the first quarter, driven by
strong double-digit growth in both HPC and HC businesses. The Q1 Revenue growth
stands at 13.3% on a Constant Currency basis.
committed to our strategy of superior go-to-market execution by enhancing our
distribution footprint while focusing on driving growth for our Power Brands
and building an agile organisation culture in our pursuit of sustainable,
balanced growth and value creation. We have initiated several measures to
pursue greater efficiency and the gains were ploughed back in the form of
higher investments behind our brands to drive demand. Our media spends grew by
30% in the Consolidated business and by 28% in the India business,” Dabur
India Limited Chief Executive Officer Mohit Malhotra said.