Dabur net falls 5.4% to Rs 476 cr in Q3, revenue crosses Rs 3,000 cr mark

Customers shifting to more affordable, smaller packs slows down FMCG firm's rural growth

Dabur India on Thursday reported a 5.4 per cent year-on-year (YoY) decline in its consolidated net profit at Rs 476 crore for the quarter ended December, compared to Rs 503 crore the same period last year.

The FMCG and ayurveda products company’s revenue from operations grew 3.4 per cent to Rs 3,043 crore to cross the Rs 3,000-crore mark for the time in a quarter, it said in a statement.

However, as per Bloomberg, the company's net sales estimates for Q3 were Rs 3091 crores, while net profit was estimated at Rs 494 crore.

In constant currency terms, consolidated