Dabur India falls on lower-than-expected quarterly margin, long-term CEO resignation

Dabur India

05/11/2026 04:28

** Shares of Dabur India DABU.NS fall 2.1% to 386.60 rupees
** Stock set to snap a three-day winning streak, if losses hold
** Consumer goods maker's Q2 profit climbs nearly 12% to 5.06 billion rupees, beating analysts' expectations of 4.98 billion rupees - LSEG data
** Total revenue rises 12% to 35.63 billion rupees
** However, analysts at Jefferies and Citi say co's EBITDA margin - down around 70 basis points YoY - comes in below expectations 
** Co's global CEO Mohit Malhotra resigns after more than three decades
** DABU's India CEO Herjit Bhalla has been elevated to its board
** YTD, stock down 22.9%


 (Reporting by Puyaan Singh in Bengaluru)
 ((puyaan.singh@thomsonreuters.com))