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Dabur India’s Q4 net profit up 18.9%

Mumbai, May 1 (IANS) Dabur India on Tuesday reported a rise of 18.9 per cent in consolidated net profit for the January-March 2018 quarter.

According to the company, the consolidated net profit stood at Rs 396.20 crore and consolidated revenue was Rs 2,032.91 crore.

For the financial year 2017-18, the fast moving consumer goods major reported a consolidated net profit of Rs 1,354.39 crore, up 6.1 per cent.

"The board of directors recommended a dividend of 625 per cent, including a final dividend of 125 per cent and a one-time special dividend of 500 per cent. This brings the total dividend for the year to 750 per cent," said Anand C. Burman, Chairman, Dabur India.

He added: "To mark the 25th year of Dabur's listing on the stock exchanges, the board has proposed a special dividend of Rs 5 per share in addition to the final dividend of Rs 1.25 per share, aggregating to Rs 1,327.25 crore, including dividend tax."

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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