Dabur India Restricted anticipates mid-single digit consolidated income progress for the quarter ended September 30, 2025, with working revenue anticipated to develop practically in keeping with income, based on a quarterly replace launched at this time.
The corporate skilled non permanent gross sales disruption in September following the GST Council’s announcement of fee reductions.
Shoppers deferred purchases to learn from decrease costs, whereas distributors and retailers centered on clearing present higher-priced stock.
The GST reform diminished charges from 12-18 per cent to five per cent for key classes together with oral care, juices, hair oils, shampoos, digestives, and culinary merchandise—representing roughly 60 per cent of Dabur’s India enterprise.
Regardless of the headwinds, retail offtakes remained resilient, enabling market share beneficial properties in over 90 per cent of the portfolio. Non-GST impacted manufacturers equivalent to Dabur Honey, Anmol Coconut Oil, Gulabari, and Hajmola Zeera carried out effectively. The oral care portfolio continued robust progress, with Pink Toothpaste and Meswak anticipated to ship double-digit progress.
Within the beverage phase, higher-than-expected rainfall and floods in July and August impacted general efficiency, although the premium Activ portfolio is predicted to register strong progress exceeding 30 per cent.
The worldwide enterprise confronted challenges from political unrest in Nepal however noticed constructive efficiency in MENA, Turkey, Namaste, and Bangladesh markets, with general mid-single digit progress anticipated in rupee and fixed forex phrases.
Dabur acknowledged it stays dedicated to passing GST advantages to shoppers and anticipates stronger consumption and income momentum in coming quarters.
The shares of Dabur India Restricted had been buying and selling flat at ₹493.25 on the NSE at this time at 2 pm.
Printed on October 7, 2025
