Dabur says business resilient as 'unprecedented inflation' hits FMCG

Dabur's food and beverages vertical saw strong double-digit growth in the quarter on the back of improving out-of-home consumption, innovation, and intense summer season

Dabur India on Wednesday said consumption pressure continued across the fast-moving consumer goods (FMCG) sector on account of unprecedented inflation, which impacted the share of the income available for spending on consumer staples.

This trend was witnessed across urban and rural markets.

Dabur India expects its consolidated revenue to grow at mid to high single digits in the April-June quarter. 

“In this challenging macro environment, Dabur’s India business has been fairly resilient and is expected to report high single-digit revenue growth on a very high base of 35.4 per cent revenue growth in Q1 FY22,” Dabur said in its quarterly