02-11-2023 03:56 PM | Source: Accord Fintech
Dabur India beats profit estimates on household products demand
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Consumer goods maker Dabur India reported second-quarter profit above market expectations on Thursday, benefiting from rising demand for its household and personal care and healthcare products.
The hair oil maker's consolidated net profit rose to 5.15 billion Indian rupees ($61.89 million) for the quarter ended Sept. 30 from 4.9 billion rupees a year earlier.
Analysts, on average, expected a profit of 5.13 billion rupees, according to LSEG data.
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