Dabur India shares fell 4% amid mid-single-digit Q1 revenue growth and sluggish demand.
Dabur India shares fell 4% after the FMCG firm announced a mid-single-digit revenue growth in the January-to-March quarter, with demand remaining sluggish. The company, however, expects consumption to pick up due to a positive outlook for the Rabi crop harvest and expectations of a normal monsoon. Dabur's health and personal care segment in India may grow in high-single digits during the quarter, while the F&B segment is expected to register low-single-digit growth.
April 04, 2024
8 Articles