Dabur India moves up on reporting marginal rise in Q2 consolidated net profit
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Dabur India is currently trading at Rs. 535.10, up by 4.70 points or 0.89% from its previous closing of Rs. 530.40 on the BSE.
The scrip opened at Rs. 534.65 and has touched a high and low of Rs. 537.15 and Rs. 531.70 respectively. So far 36019 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 610.40 on 07-Dec-2022 and a 52 week low of Rs. 504.00 on 05-May-2023.
Last one week high and low of the scrip stood at Rs. 537.15 and Rs. 516.25 respectively. The current market cap of the company is Rs. 94644.49 crore.
The promoters holding in the company stood at 66.23%, while Institutions and Non-Institutions held 28.23% and 5.53% respectively.
Dabur India has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 6.18% rise in its net profit at Rs 420.27 crore for the quarter under review as compared to Rs 395.81 crore for the same quarter in the previous year. Total income of the company increased by 2.63% at Rs 2,436.89 crore for Q2FY24 as compared Rs 2,374.45 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 3.30% rise in its net profit at Rs 507.04 crore for Q2FY24 as compared to Rs 490.86 crore for the same quarter in the previous year. Total income of the company increased by 6.77% at Rs 3,320.25 crore for Q2FY24 as compared Rs 3,109.77 crore for the corresponding quarter previous year.
