Dabur India gains on reporting 17% rise in Q4 consolidated net profit
Dabur India is currently trading at Rs. 526.00, up by 1.70 points or 0.32% from its previous closing of Rs. 524.30 on the BSE.
The scrip opened at Rs. 535.65 and has touched a high and low of Rs. 537.50 and Rs. 524.30 respectively. So far 137294 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 596.90 on 06-Jul-2023 and a 52 week low of Rs. 489.00 on 16-Apr-2024.
Last one week high and low of the scrip stood at Rs. 537.50 and Rs. 505.85 respectively. The current market cap of the company is Rs. 93049.78 crore.
The promoters holding in the company stood at 66.25%, while Institutions and Non-Institutions held 28.35% and 5.40% respectively.
Dabur India has reported 21.51% rise in its net profit at Rs 283.15 crore for the fourth quarter (Q4) ended March 31, 2024 as compared to Rs 233.03 crore for the same quarter in the previous year. Total income of the company increased by 4.84% at Rs 2,153.64 crore for Q4FY24 as compared Rs 2,054.24 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 16.55% rise in its net profit at Rs 341.22 crore for fourth quarter ended March 31, 2024 as compared to Rs 292.76 crore for the same quarter in the previous year. Total income of the company increased by 5.18% at Rs 2,943.49 crore for Q4FY24 as compared Rs 2,798.52 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 9.90% rise in its net profit at Rs 1,509.21 crore as compared to Rs 1,373.26 crore for the previous year. Total income of the company increased by 5.25% at Rs 9,553.22 crore for year under review as compared to Rs 9,076.52 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 6.46% rise in its net profit at Rs 1,811.31 crore as compared to Rs 1,701.33 crore for the previous year. Total income of the company increased by 7.61% at Rs 12,886.42 crore for year under review as compared to Rs 11,975.28 crore for year ended March 31, 2023.