Dabur India expects to deliver double-digit consolidated revenue growth for the quarter ended June 30, driven by resilient consumer demand, strong performance across its FMCG business and continued momentum in key global markets despite geopolitical challenges.
Despite a challenging geopolitical environment and persistent hyperinflationary pressures across key international markets, Dabur said consumer sentiment remained resilient, with business performance improving sequentially over the previous quarter.
The company expects consumption across its international markets to strengthen further as the situation in the Middle East stabilises. In India, both rural and urban markets continued to grow, with rural demand once again outpacing urban.
The India FMCG business maintained its growth momentum during the quarter, with revenues expected to rise by near double digits.
The Home & Personal Care business is projected to deliver near-teen growth, led by strong demand for Hair Oils and Shampoos, both of which are expected to post high-teen growth.
The performance was driven by robust demand across perfumed and coconut hair oils, reflecting sustained consumer preference and the strength of the company's hair care portfolio.
The Oral Care business is also expected to record near double-digit growth, supported by continued investments and the long-term strength of its brands. Growth remained broad-based, with the Herbal Franchise and Meswak delivering strong double-digit growth, while flagship brands Red Toothpaste and Lal Dant Manjan continued their upward trajectory.
The Healthcare business is expected to post mid-single-digit growth, marking a sequential improvement over the previous quarter.
Flagship brands including Hajmola, Pudin Hara, the Health Juices Range, Dabur Honitus and Isabgol are expected to report robust double-digit growth. Dabur Glucose, which faced headwinds during the early part of the quarter, witnessed a sequential recovery as the quarter progressed.
The Foods business continued its strong momentum, recording high double-digit growth, with Badshah maintaining high-teen growth. Within the beverage portfolio, the company reported a sequential recovery driven by strong double-digit growth in the Real Activ Juices Range and Coconut Water.
Emerging channels remained key growth drivers during the quarter. E-commerce, Quick Commerce and Modern Trade are expected to deliver strong double-digit growth, while General Trade also improved sequentially across both rural and urban markets, with rural continuing to outperform.
Dabur said its Project Saksham initiative, aimed at strengthening distribution and optimising its route-to-market network, is showing encouraging early results.
Despite significant headwinds in the Middle East, the International Business is expected to deliver high-teen growth in rupee terms. Key markets including Egypt, Turkey, Bangladesh and the UK are each expected to report strong double-digit growth in INR terms.
The company said its key brands continued to gain market traction across India and international businesses, supported by innovation, improved execution and wider distribution.
While elevated inflation, particularly in the hair care segment, remained a challenge during the quarter, the company said calibrated price increases helped offset cost pressures and supported stable operating margins. Profit after tax is expected to grow at a double-digit rate.
Looking ahead, Dabur said the underlying fundamentals of the business remain strong. The company expects its continued focus on improving consumption trends, driving cost competitiveness, expanding digital capabilities and executing strategic priorities to support sustainable and profitable growth over the medium to long term.
