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Dabur reports 10% fall in Q1 net profits

Dabur India reports decline of 10% in Q1 net profits in 2017.
BY BEx Bureau
BusinessEx
Aug 05, 2017

Dabur India shows fall in Q1 profits as compare to the same quarter last year. The result displays that there is 10% fall in profit a compare to last year. The profit this year is Rs 264.86 crore and last year it was Rs 293.64.

The companys income also declined by 7% as compared to the last year as Q1 of FY16 constitutes Rs 2013.23 crore and Q1 of FY17 shows Rs 1871.35 crore.

A fresh equity of 17,500 shares also issued under the company Dabur Stock Option Scheme, 2000 .

An official statement stated, 1,06,550 number of stock options granted earlier under the scheme have been fortified.

Revenue from operation constitutes Rs 1,790 crore first quarter of this year which is 8.4% lower than the results of revenue from operations last year. Also, companys international business also reflected decline in rate by 2.2% in first quarter of this year.

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