Dabur Q3 consolidated revenue up 3.1% at Rs 3,355-crore
The company’s Q3 operating profit is also up by 2.1% at Rs 682-crore.
31 Jan 2025 | 1192 Views | By PrintWeek Team
Dabur India has announced a 3.1% jump in consolidated revenue for the third quarter ended 31 December 2024, with consistent market share gains across key categories and continued investments in consumer-centric innovation to drive demand. Consolidated revenue for Q3 2024-25 stood at Rs 3,355-crore, up from Rs 3,255-crore in the same quarter last year. The Q3 revenue growth stands at 5.6% in constant currency terms. Operating profit registered a 2.1% growth year-on-year at Rs 682-crore.
In a quarter marked by high food inflation, continued moderation in urban demand and a strong resurgence in rural markets, Dabur continued to build consumer engagement across its key brands in rural India with a focus on driving sustainable, profitable long-term growth.
“We focused on strengthening our competitive edge in the marketplace to gain market share in 95% of our portfolio and enhancing brand superiority to strengthen and consolidate our position in the categories where we operate,” Mohit Malhotra, CEO, Dubar, said.
With the geopolitical landscape remaining volatile in the short term, shrouded by uncertain macroeconomic indicators, Dabur has decided to revise its strategic vision cycle from four years to three years to create a more agile organisation that can quickly navigate the challenges and capture the emerging opportunities. “We have engaged a leading consulting firm, McKinsey & Co to refine and align our strategies for the next three years in line with the evolving dynamics,” Malhotra said.
He added, “Our rural distribution network expanded by 15,000 villages this fiscal and today reaches over 131,000 villages, making it amongst the highest in the industry. This extensive reach has given us a distinct advantage, allowing us to drive rural growth at a pace nearly 140 bps ahead of urban areas. The positive trend in rural consumption is a testament to our commitment to this consumer base and our ability to adapt to their unique needs.
The India Business saw Dabur’s key brands and products post category-leading growths with market share gains across 95% of the portfolio, led by a 150 bps improvement in hair oils market share. With this, Dabur’s total hair oils market share now stands at its highest-ever 18%. Dabur also reported 101 bps gain in air freshener market share and 318 bps gain in juices and nectars market share.