anticipates mid-single digit consolidated revenue growth for the quarter ended September 30, 2025, with operating profit expected to grow nearly in line with revenue, according to a quarterly update released today.
The company experienced temporary sales disruption in September following the Council’s announcement of rate reductions.
Consumers deferred purchases to benefit from lower prices, while distributors and retailers focused on clearing existing higher-priced inventory.
The GST reform reduced rates from 12-18 per cent to 5 per cent for key categories including oral care, juices, hair oils, shampoos, digestives, and culinary products—representing approximately 60 per cent of Dabur’s India business.
Despite the headwinds, retail offtakes remained resilient, enabling market share gains in over 90 per cent of the portfolio. Non-GST impacted brands such as Dabur Honey, Anmol Coconut Oil, Gulabari, and Hajmola Zeera performed well. The oral care portfolio continued strong growth, with Red Toothpaste and Meswak expected to deliver double-digit growth.
In the beverage segment, higher-than-expected rainfall and floods in July and August impacted overall performance, though the premium Activ portfolio is expected to register robust growth exceeding 30 per cent.
The international business faced challenges from political unrest in Nepal but saw positive performance in MENA, Turkey, Namaste, and Bangladesh markets, with overall mid-single digit growth expected in rupee and constant currency terms.
Dabur stated it remains committed to passing GST benefits to consumers and anticipates stronger consumption and revenue momentum in coming quarters.
The shares of Dabur India Limited were trading flat at ₹493.25 on the today at 2 pm.