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    Vikshita Vitthal Gujaran in Stock Market Update

    07-Oct-2022 06:33 AM


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    Buzzing Stocks | Dabur India

    Dabur India: Dabur India expects to report revenue growth in mid-single digit in Q2FY23. The company said India business had a steady performance and is expected to report revenue growth in mid-single digit, while international business is expected to post double-digit revenue growth in constant currency. Hence, consolidated revenue is expected to grow in mid-single digit. Its food & beverages vertical continued with robust double-digit growth on a high base of 43% growth in Q2FY22, while home & personal care portfolio is expected to record mid-single digit growth on a high base of 16.7% growth in Q2FY22. During the quarter ended September FY23, inflation was at peak levels which impacted gross margins, and operating margin in Q2FY23 is expected to be lower by around 150-200 basis points versus Q2FY22.

    Source - Money Control
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