Dabur posts weak show in March quarter; investors eye rural success

Dabur’s share price shed just 1 per cent on Wednesday, even as the company reported a worse-than-expected performance in the March 2020 quarter (Q4). Supply chain disruptions saw Dabur’s domestic volumes plunge 14.6 per cent, its worst-ever and much lower than the expectations of up to 4 per cent decline. All the segments -- health care, home, and personal care and foods -- witnessed a double-digit fall in revenue. A soft showing by its international business didn’t help. Thus, the top line fell 12.3 per cent year-on-year to Rs 1,865.4 crore, again missing estimates of .....

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