Dabur India Ltd Announces 125% Interim Dividend
Monday, September 15, 2014
New Delhi, September 15, 2014: The Board of Directors of Dabur India Ltd (DIL) met here today to approve the Interim Dividend for 2014-15.
The Board of Directors today recommended an Interim Dividend of 125% for 2014-15. â€œContinuing with our payout policy, the Board has proposed an interim dividend of Re. 1.25 per share, aggregating to Rs. 256.8 Crore, including Dividend Tax,â€ Dabur India Ltd Group Director Mr. P. D. Narang said.
The decision to declare an interim dividend was taken in view of the strong financial performance recently announced by the company. Dabur India Ltd had ended the first quarter of 2014-15 with a 13.2% jump in Consolidated Net Sales at Rs 1,863.9 Crore, while Consolidated Net Profit reported a 13.3% growth to Rs 210.8 Crore in Q1.
Dabur India Ltd has a strong new product plan and the previous months have seen the company roll out a host of new products. Dabur had recently announced the extension of its popular brand Hajmola into the pure Confectionery space with the launch of Hajmola Chuzkara. The brand also launched a Natkhat Amrud variant of Hajmola Candy. Besides, Dabur Amla Hair Oil was launched in a contemporary avatar with a sleek and consumer-friendly flip-top packing. The new identity modernizes this over 75-year-old Dabur Amla brand, making it more contemporary and relevant, in consonance with todayâ€™s lifestyle.
For Details :
Mr. Byas Anand Corporate Communications Dabur India Limited PH:- 95120-3982000, 3001000 extn 2101/2547 Fax: 95120-4374935 Email:firstname.lastname@example.org