Home Beauty & Wellness Dabur announces 125 pct Interim Dividend

Dabur announces 125 pct Interim Dividend


The Board of Directors of (DIL) have approved the Interim Dividend for 2014-15. Says , Dabur India Ltd Group Director, “Continuing with our payout policy, the Board has proposed an interim dividend of Re. 1.25 per share, aggregating to Rs. 256.8 Crore, including Dividend Tax.” The decision to declare an interim dividend was taken in view of the strong financial performance recently announced by the company. Dabur India Ltd had ended the first quarter of 2014-15 with a 13.2 per cent jump in Consolidated Net Sales at Rs1,863.9 Crore, while Consolidated Net Profit reported a 13.3 per cent growth to Rs210.8 Crore in Q1.

FMCG major Dabur does not see strong growth tailwinds in the next few months
Duggal said a similar approach was adopted when VAT was implemented and in the case of GST, 'the order of magnitude is higher up'