Dabur India’s Q4 profit edges up on urban demand

“In an environment where high inflation continued to impact consumption, we are happy … with broad-based growth in our key categories,” Dabur India Chief Executive Officer Mohit Malhotra said in a statement.

Sales for Dabur’s food and beverages business, which makes a slew of products from aerated fruit beverages to cooking oils, shot up during the quarter. Its healthcare unit, known for its namesake honey and digestives, also recorded growth.

Dabur also said it offered consumers “promotions” to soften the impact of price increases.
Revenue from operations rose roughly 6% to 26.78 billion rupees, benefiting from a near-45% in its foods business.

Dabur’s peers have reported mixed results, with Adani Wilmar reporting a 60% drop in earnings on lower prices, while Nestle India posted a near-25% increase on higher prices and demand for its chocolates and instant coffee.