Dabur volumes to remain under pressure, says global CEO Mohit Malhotra
Mumbai, July 29 -- Volumes will remain under pressure as macroeconomic factors, such as raw material costs and the monsoon, have become key levers determining growth, said Dabur India's global chief executive Mohit Malhotra in a post-earnings conference call on Wednesday.
"Price growth and value growth are becoming higher as compared to the volume growth," he added.
Dabur India, which sells products including honey, hair oil, toothpaste, Odonil home care goods, and Real Fruit juices, reported 5% volume growth in the June quarter, down from 6% domestic volume growth in the March quarter, which had marked its highest quarterly growth in 18 quarters.
It posted a consolidated net profit of Rs.586.16 crore in the June quarter, up 15% year-o...
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