Dabur said demand trends remained sluggish during the March quarter as the company is expected to report mid-single-digit revenue growth. The inorganic revenue growth which was to the extent of around 2.3% in the December quarter on account of the Badshah acquisition is now factored into the base.
FMCG major Dabur India is experiencing a "very good recovery" in rural markets and expects growth to match the urban market in the next 3-4 quarters. CEO Mohit Malhotra believes that the slow volume recovery is happening due to inflation and commodity price cooling, narrowing the difference between rural and urban growth rates.
Dabur News: FMCG major Dabur India is experiencing a "very good recovery" in rural markets and expects growth to match the urban market in the next 3-4 quarters. CEO Mohit Malhotra believes that the slow volume recovery is happening due to inflation and commodity price cooling, narrowing the difference between rural and urban growth rates.
In the wake of the Burman family office's acquisition of a majority stake in Religare Enterprises (REL), Dabur India Chairman Mohit Burman clarified in a video call on Thursday, 9 November 2023, that