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Hot Pursuit News

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(08 Jul 2024, 11:15)

Dabur India spurts on expecting mid to high digit revenue growth in Q1

Dabur India rallied 4.30% to Rs 632.45 after the company's consolidated revenue is expected to register mid to high single digit growth during Q1 FY25.

The FMCG major said that the quarter saw sequential improvement in demand trends with rural growth picking up. With forecast of a normal monsoon and continued focus by the government on macro-economic growth, the firm expects the improvement to accelerate in the coming months.

The company added that its India business is expected to record mid-single digit volume growth.

In India business, HPC & Healthcare business, is expected to grow in high-single digits. Travel and out of home consumption got impacted due to scorching summers, which had an impact on the company’s beverage segment although the food (culinary) category showed good momentum. Badshah masala continued to perform well and is expected to post strong volume led growth in high teens, it added. Dabur’s international ...

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