Nirmal Bang: Dabur India Company Update - Strong Domestic Performance To Continue
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Nirmal Bang Report
According to Dabur India Ltd.’s management, the company’s flexible and nimble approach, stringent cost savings initiatives and expansion of distribution network helped it to deliver a strong performance in Q2 FY21 despite challenging times.
Commenting on the sustainability of this recent outperformance, the management said that while sales won’t return to base levels, the growth rate, which is difficult to quantify, may moderate.
Strong growth in the domestic FMCG business in Q2 FY21 (led by Health Supplements, OTC & Ethicals, Oral Care and Hygiene portfolio) was driven by demand from new consumers.
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