The company had posted a net profit of ₹438.30 crore in the year-ago period, Dabur India said in a BSE filing.
Sequentially, the profit was higher than ₹294.34 crore net earnings in the January-March quarter.
Its revenue from operations rose 8% to ₹2,822.43 crore during the quarter under review, as against ₹2,611.54 crore in the year-ago period.
The total income for the quarter increased to ₹2,922.98 versus ₹2,696.38 in the same quarter last year.
Analysts estimated the company's revenue to grow 7.5% to ₹2,808 crore in the first quarter as against ₹2,611 crore.
Dabur's International Business reported an 8% growth in Constant Currency terms, led by strong growths in Turkey (88%), Sub-Saharan Africa (35%), Nepal (30%) and Egypt (17.5%). The International Business reported a 2-year CAGR of 12.9%, the company said in a BSE filing.
"Dabur continued to demonstrate agility and resilience to deliver steady revenue growth despite consumer sentiments dwindling in the face of significant and increasing inflationary headwinds," the statement read.
On Thursday, the company's scrip on NSE was trading 0.69% higher at ₹573.75. The stock has gained 8.92% in a month while it has fallen 1.5% so far this year. The stock has underperformed the Sensex by 10.28% in the last one year.
