The company’s India FMCG business grew 9.5 per cent, with an underlying volume growth of 5 per cent in the quarter
Dabur India said on Wednesday it is scouting for inorganic growth opportunities through acquisitions. The company said it could look at acquisition of 1-2 companies, including D2C players, over the next three years. The homegrown FMCG major posted consolidated net profit of ₹591 crore in the June quarter, up 15 per cent year-on-year. Consolidated revenue from operations grew 10.6 per cent to ₹3764.4 crore year-on-year.Speaking at the earnings call, the company’s management said that its capital allocation strategy includes acquisitions, which could “either be mid- to large-scale company or D2C players” through Dabur Ventures, its investment platform for which it has allocated about ₹500 crore.“Our strategy is to get a foothold in the new D2C brands with a minority stake and work with the promoter to see that it turns profitable and then increase it to a majority stake. We are continuously on the lookout for acquisition targets and as we speak, we are in talks with 2-3 companies.....In three years, we should be acquiring one or two companies, which should be sizable and that’s the target.... but it all depends on negotiations,” said Mohit Malhotra, Global CEO, Dabur India during the earnings call.volatile marketsHe added that Q1FY27 marks the third straight quarter of double-digit profit growth for the company despite persistent inflationary pressures, heightened geopolitical uncertainties and volatile commodity markets. He added that the company is focused on disciplined cost management and judicious price increase for a healthy profitable growth.On the El Nino’s impact on monsoons and rural growth, Malhotra said: ”In the past fortnight, we saw that a lot of the monsoon deficit has been covered. So, I think there is a 14-15 per cent rain deficit only, which augurs very well for the kharif growth season, and I don’t think it’s going to impact so much. For our business, rural is growing ahead of urban, so, rural growth has been resilient.”“We will need to remain watchful of the inflation and the Middle Eastern war situation. The price growth and value growth is becoming higher than volume growth due to the inflation,” Malhotra added. He also added that while the inflation is picking up, with government interventions on MSP, the company expects to navigate the season and the full year on the back of “good rural and decent urban growth”.The company’s India FMCG business grew 9.5 per cent, with an underlying volume growth of 5 per cent in the quarter. New products accounted for 2.6 per cent of revenue as it strengthened focus on innovations and premiumisation. The company reported strong growth across its key verticals, with market share gains across over 90 per cent of the portfolio in the quarterPublished on July 29, 2026
