Dabur Q4 2010-11 results on an upward curve

Dabur Q4 2010-11 results on an upward curve

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The Board of Directors of (DIL) collected to consider the audited financial results of the company for the quarter and full-year ended March 31, 2011. Riding on strong volume-led growth across its key categories like hair oils, skin care, oral care, health supplements, foods and home care, ’s Consolidated Revenues topped Rs 4,000 Crore for the 2010-11 financial year.

Strong demand for its products and stringent cost-saving initiatives helped Dabur mitigate the impact of rising input costs and end the fourth quarter of 2010-11 with a rise in both Profits and Sales. Gross Sales for the quarter marked a 30.7 percent surge to Rs 1,117.22 Crore, which includes income from the recently-acquired Hobi Kozmetik of Turkey and Namasté Laboratories of the US. This marks the 36th consecutive quarter of year-on-year growth in both Sales and Net Profit for Dabur.

Says , CEO, “While the external environment and inflation in raw material prices continued to play truant, a combination of calibrated price increases and cost management initiatives helped Dabur report a 28 percent growth in EBITDA during the fourth quarter. Dabur continues to register sales growth ahead of the market in several key categories.”

Dabur ended the year 2010-11 with a consolidated Net Profit of Rs 568.58 Crore, a 13 percent growth over the Rs 503.23 crore profit earned in the previous fiscal. The company’s consolidated Gross sales for 2010-11 stood at Rs 4,109.85 crore, up 20.3 percent from Rs 3,415.77 crore of the previous fiscal.