Dabur India falls after quarterly profit drop

Dabur India

08/05/2025 05:37

** Shares of Dabur India DABU.NS fall as much as 4.4% to 461.10 rupees

** Consumer goods maker's Q4 consol profit fell 8.4% Y/Y to 3.2 bln rupees ($37.8 mln); revenue rose 0.6%

** "We expect consumer demand in India to recover progressively in the coming quarters, both in urban and rural markets," DABU's CEO Mohit Malhotra said

** Co sees high-single-digit FY26 sales growth aided by gradual recovery and flow-through of a 3.5%-4% price hike taken in Q4, Macquarie says

** Jefferies cuts PT to 590 rupees from 660 rupees; Nomura cuts PT to 550 rupees from 625 rupees

** DABU down ~6% YTD

($1 = 84.5940 Indian rupees)

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))