Dabur India, one of India's largest consumer products manufacturers, is set to report its first-quarter results today. Over the last three months, the stock has risen about 6 percent but it is still 13 percent away from its 52-week high.
The street is working with a weak set of numbers due to the muted rural sentiment.
Here's what to expect from the company today:
The analysts are expecting a 6.5 percent growth in the company’s revenue, at Rs 2,215 crore.
The EBITDA is likely to grow at the same levels, which means margins would be absolutely flat.
The net profit is expected to be higher by about 8 percent at Rs 348 crore.
Domestic volume growth, which is the key number for Dabur, is seen at around 4 percent.
First Published:Jul 19, 2019 8:45 AM IST