Dabur expects double-digit Q1 revenue, PAT growth on resilient domestic demand
Mumbai, July 4 -- The company attributed the expected growth to resilient domestic demand and sequential improvement across businesses despite geopolitical challenges and inflationary pressures in key markets.
The company said its India FMCG business maintained growth momentum during the quarter, with rural demand continuing to outpace urban markets. It expects the domestic FMCG business to post near double-digit growth.
The Home and Personal Care business is expected to grow at a near-teen rate. Hair oils and shampoos are likely to deliver high-teen growth, while oral care is expected to post near double-digit growth. Dabur said brands including the Herbal franchise, Meswak, Red Toothpaste and Lal Dant Manjan recorded broad-based growt...
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