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Tag: Q4 results

  • Dabur India net profit surges 34% to Rs 378 cr in Q4

    Dabur India net profit surges 34% to Rs 378 cr in Q4

    NEW DELHI: FMCG major Dabur India reported Rs 378 crore in net profit for the quarter ending 31 March 2021, a 34 per cent leap compared to Rs 281 crore during the same period a year earlier.

    The company reported a total income of Rs 2,421.77 crore in Q4, compared to Rs 1,941.13 crore in the corresponding quarter last year. Consolidated revenue surged 25 per cent to close at Rs 2,337 crore for the quarter.

    The EBITDA for the quarter stood at Rs 442.5 crore, while the EBITDA margin was 18.9 per cent.

    For the full financial year, Dabur India recorded a 10 per cent growth in consolidated revenue at Rs 9,562 crore, while consolidated net profit grew 17.2 per cent to Rs 1,693 crore.

    The Real Juice maker also recorded a sequential revival in discretionary spending, mainly in the home and personal care portfolio, which grew by 32.6 per cent. Dabur’s oral care category was the outperformer in this category, reporting more than 42 per cent growth during Q4. The toothpaste segment also witnessed a surge of 45 per cent. The food and beverages business marked a turnaround to report a nearly 28 per cent growth during the quarter.

     

    The consumer goods manufacturer’s strong growth was on the back of efforts to drive demand for its Ayurvedic healthcare, foods, and nutrition products, along with a greater focus on the expansion of distribution, it said in the earnings report.

    Dabur CEO Mohit Malhotra said, “Our strategic business transformation exercise to develop and implement aggressive growth strategies in our core business areas has led to a more flexible company, helping us successfully navigate the emerging headwinds. Dabur’s financial situation remains strong with a 25.6 per cent growth in operating profit during Q4 2020-21.”

  • Marico Q4: Net profit surges 14.1% driven by volume growth

    Marico Q4: Net profit surges 14.1% driven by volume growth

    NEW DELHI: Consumer goods major Marico has reported a 14.1 per cent year-on-year growth in consolidated profit at Rs 227 crore for the quarter ended 31 March 2021, driven by volume-led strong revenue growth.

    Revenue from operations shot up 34.5 per cent to Rs 2,012 crore compared to the year-ago quarter, backed by robust volume growth of 25 per cent in the domestic business and constant currency growth of 23 percent in the international business, the Saffola oil maker said in its BSE filing.

    The foods portfolio grew 134 per cent in value terms in the quarter and crossed Rs 300 crore in turnover in FY21. “The base oats franchise grew by 84 per cent in value terms, backed by increased penetration and market share gains,” noted the FMCG player.

    Parachute Rigids grew 29 percent in volumes, albeit on a low base, undeterred by price hikes and pullback of consumer offers to counter a part of the input cost push.

    “Value-added hair oils grew 22 per cent in volumes with all of the key brands clocking double-digit growth. Saffola edible oils extended stellar run with 17 per cent volume growth despite a particularly strong base, on the back of investment in new markets and increasing household penetration,” the company added.

    At the operating level, EBITDA (earnings before interest, tax, depreciation and amortisation) grew by 13.1 percent year-on-year to Rs 319 crore but margin contracted 300 bps year-on-year to 15.9 per cent in Q4.

    Advertising and sales promotion grew by 35 per cent as the company invested aggressively mainly in core franchises and food innovations while continuing to drive spending rationalisation and channelising investment towards growing franchises.

    In the international business, “Bangladesh clocked 20 per cent constant currency growth. South East Asia also reverted to positive territory with 13 per cent constant currency growth. MENA and South Africa also gained on a low base,” said Marico.

  • Quint Digital’s net profit surges to Rs 45 lakh in Q4

    Quint Digital’s net profit surges to Rs 45 lakh in Q4

    NEW DELHI: Quint Digital Media Ltd (QDML)  has reported positive growth during the quarter ended 31 March 2021, posting a net profit of Rs 45 lakh for the period.

    During the previous quarter, the company had reported a net profit of Rs 18 lakh.

    Its revenue for operations for the fourth quarter of FY21 stood at Rs 6.56 crore, up from Rs 6.23 crore in the third quarter.

    QDML had acquired The Quint, Hindi Quint and Fit digital properties on 1 July 2020, and has been operating them for nine months of FY20-21. During the nine-month period ending March 2021, the digital publication posted operating revenue of Rs 18.03 crore, and profit after tax of Rs 1.70 crore.

    Quint's programmatic and partner revenues contributed 25 per cent of the overall revenue during the fourth quarter.

    The company said audience footprint across its websites and various digital platforms, including Facebook, Instagram, YouTube, Twitter, Snapchat, is also strong and diversified.

    Additionally, the digital properties had nearly 14.8 million subscribers/followers across various platforms at the end of the last fiscal.

    "The management is confident that its digital properties have entered a phase of sustained profitable growth," the company said in a statement.

    For the full year, net loss was Rs 1.86 crore in the year ended March 2021 as against net loss of Rs 27.49 crore during the previous fiscal ended March 2020. Sales rose 50.93 per cent to Rs 21.13 crore in the year ended March 2021 as against Rs 14 crore during the previous year.