India's Dabur forecasts first quarterly revenue drop since 2020
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2024
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Source: Reuters
Revenue Decline Forecast: Dabur India anticipates a mid-single digit percentage decline in second-quarter revenue due to weak demand in its food and beverages segment, marking its first drop in over four years, impacted by heavy rainfall and floods.
International Growth Expectation: Despite the domestic challenges, Dabur expects double-digit percentage growth in constant currency terms for its international business, which constitutes about 25% of its overall revenue.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
