Friday, July 13, 2007
Consolidated Net Profit For 2006-07 Surges By 32%
New Delhi, July 13, 2007: The shareholders of Dabur India Ltd (DIL) today approved the audited financial results for the full year ended March 31, 2007, at an Annual General Meeting held here. The shareholders, at the meeting, also confirmed the Interim Dividend paid earlier, as the final dividend for the year.
Dabur India has recorded a 32.2% surge in its consolidated net profit for the 2006-07 fiscal to Rs 283.04 crore as against Rs 214.18 crore in the previous fiscal. Consolidated turnover marked a 17.6% growth at Rs 2233.72 crore, as against Rs 1899.57 crore in 2005-06. Dabur India maintained its payout policy and disbursed a total dividend of 213% during 2006-07 on pre-bonus capital.
"Dabur India has reported another excellent performance during 2006-07 with strong double-digit growth in its topline and bottomline. The company's brands performed very well and were recognized as the fastest growing in categories like toothpastes and shampoos," Dabur India Ltd Chairman Mr. V C Burman told shareholders at the AGM. "Our overseas business expanded fast with decent growth in our focus markets across the world," Mr. Burman added.
The year saw Dabur India announcing a major initiative to enter the sunrise organized retail market with a wholly owned subsidiary, H&B Stores Ltd. The Company will invest Rs 140 crore over the next three years to establish a pan-India presence in the health and beauty retail arena. "The first store will start operating by the end of 2007 or early 2008," Mr. Burman said.
Dabur was ranked as one of the Top Three 'Most Respected FMCG Companies' in India. During the year, the Company was included in the list of Top 100 companies on Bombay Stock Exchange and became part of the BSE-100 Index.
About Dabur India:
Dabur India Limited is one of India's leading FMCG companies. Building on a legacy of quality and experience for over 120 years, Dabur today is India's most trusted name and the world's largest Ayurvedic and Natural Health Care Company.
For Details :
Corporate Communications Dabur India Limited PH:- 95120-3982000, 3001000 extn 2101/2547 Fax: 95120-4374935 Email:firstname.lastname@example.org