Dabur Flags More Price Hikes Amid Middle East Conflict
Dabur plans more price hikes and smaller pack sizes as the Middle East war raises manufacturing costs. Profit rose 15% even as Middle East revenue growth slowed.
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DABUR INDIA LTD signaled a second round of price hikes after an initial 4% increase failed to offset rising costs from Middle East conflict. Quarterly profit rose 15% to 3.69 billion rupees, beating estimates despite regional supply chain disruptions. Rising energy and material costs force India's consumer sector to choose between margin protection and volume growth.
