Dabur hopes for festive cheer
On the brighter side, Dabur expects Q2 gross margin to expand at a faster pace than Q1 when the metric had risen by 74 basis points year-on-year to 46.6%.
Source: livemint.com
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On the brighter side, Dabur expects Q2 gross margin to expand at a faster pace than Q1 when the metric had risen by 74 basis points year-on-year to 46.6%.
Dabur India expects a mid to high single-digit growth in its consolidated revenue for the July-September quarter. The company predicts a recovery in consumption in both urban and rural markets due to improving macro indicators, government expenditure, and positive consumer sentiment.
India’s per capita FMCG consumption is low and Sanjiv Mehta sees a ‘massive’ headroom to grow