Date: October 06, 2026
Performance Overview
Dabur India Limited provided a quarterly performance update for Q2 FY27 (quarter ended September 30, 2026). The company expects consolidated revenues to record double-digit growth. Profit after tax is also expected to continue growing at a double-digit level. Demand conditions remained steady despite a volatile operating environment marked by renewed geopolitical tensions in the Middle East, persistent inflationary pressures across various commodities, and deficit rainfall.
Business Segment Performance
India FMCG Business
The India FMCG business sustained its growth momentum and is expected to accelerate to double-digit growth, marking its strongest performance in recent quarters.
Home & Personal Care (HPC) Business
Expected to record double-digit growth:
- Hair Oils and Shampoos: Expected to deliver high-teens growth, led by robust performance in both perfumed and coconut hair oils
- Oral care: Expected to post mid-single-digit growth on a high base
- Home care: Expected to register high-single-digit growth
- Skin care: Expected to grow at double-digit growth
Healthcare Business
Expected to record mid-single-digit growth:
- OTC & Ethicals: Expected to register sequential recovery with early-teens growth
- Digestives: Expected to continue strong momentum and post high-teens growth
- Health supplements: Impacted by ongoing transition to refreshed packaging and labels across portfolio
Food and Beverages Business
Expected to record mid-teens growth:
- Foods business: Expected to continue robust growth momentum with strong double-digit growth
- Beverages portfolio: Registered sequential recovery and likely to grow in early teens
Distribution Channels
- Emerging channels (E-commerce and Quick commerce): Expected to report strong growth momentum
- Modern Trade: Continues to grow at double digits
- General Trade: Continued to grow across both urban and rural markets, with rural continuing to outpace urban
International Business
Despite severe headwinds in the Middle East, expected to post high-teens growth in INR terms. Key markets recording strong double-digit growth in INR terms include:
- Egypt
- Turkey
- USA
- Bangladesh
- UK
Operational Environment
Inflationary pressures continue to remain elevated, particularly in HPC and OTC & Ethicals. Operating margins were impacted by inflationary pressures during the quarter, partly offset by calibrated price increases and ongoing cost-saving initiatives.
The company remains optimistic for further acceleration in consumption, supported by the upcoming festive season, while continuing to monitor the evolving geopolitical and inflationary environment.
Company Background
Dabur India Limited is one of India's leading FMCG Companies with 141 years of legacy. During FY 2025-26, Dabur recorded consolidated revenue from operations of INR 13,192 crore and consolidated profit after tax of INR 1,895 crore.
Next Steps
The detailed financial results and earnings presentation will follow once the Board of Directors approves the consolidated and standalone financial results for the quarter ended September 30, 2026.