Dabur beats quarterly profit estimates on domestic demand
Dabur India reported a 15.1% rise in quarterly profit to 3.69 billion rupees. Steady domestic demand and tax cuts helped the firm beat analyst expectations.
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DABUR INDIA LTD reported a 15.1% jump in quarterly profit to 3.69 billion rupees, beating analyst estimates of 3.6 billion rupees. Domestic demand has recovered for four consecutive quarters following a prolonged urban consumption slowdown, aided by easing inflation and tax cuts. Rising crude prices linked to Middle East conflict now threaten production margins for consumer goods makers.
