| Date: |
27-07-2010 |
| Subject: |
Dabur profit up 19% on higher exports |
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MUMBAI: New Delhi-based Dabur India today announced a 19% increase in net profit at Rs 107 crore for the first quarter ended June 30, 2010 on 29% increase in exports.
Total sales increased 19% to Rs 916 crore from Rs 768 crore reported in Q1FY10.
Factors at play
Raw material cost up 37.4% to Rs 418cr vs Rs 304cr
Advertisement cost up 23% to Rs 150cr vs Rs 122cr
Employee cost up 14.5% to Rs 73cr vs Rs 64cr
The board also announced a 1:1 bonus issue, and the acquisition of Turkey-based Hobi Kozmetik Group For $69 million.
Source : bloombergutv.com
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