Nirmal Bang: Dabur India Company Update - Strong Domestic Performance To Continue
A range of Dabur India Ltd. products is displayed at the company’s head office in Ghaziabad. (Photographer: Prashanth Vishwanathan/Bloomberg)

Nirmal Bang: Dabur India Company Update - Strong Domestic Performance To Continue

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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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Nirmal Bang-Dabur India Company Update.pdf

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