On the brighter side, Dabur expects Q2 gross margin to expand at a faster pace than Q1 when the metric had risen by 74 basis points year-on-year to 46.6%.
Dabur India expects a mid to high single-digit growth in its consolidated revenue for the July-September quarter. The company predicts a recovery in consumption in both urban and rural markets due to improving macro indicators, government expenditure, and positive consumer sentiment.