Summary:
Dabur India reported an 11.7% YoY rise in Q2FY27 consolidated net profit to ₹505.50 crore, while revenue increased 11.6%. Domestic volume growth, premium product demand and international expansion supported performance, although rising input costs pressured EBITDA margins.
Dabur India (NSE: DABUR) reported consolidated net profit growth of 11.7% YoY for Q2FY27, driven by growth across its domestic FMCG and international businesses. Sales were up 11.6%. Improving demand for premium products and higher sales volumes boosted the company’s quarter.
Dabur Q2FY27 Earnings
Dabur reported consolidated net profit of ₹505.50 crore for the quarter ended September 30, 2026, against ₹452.55 crore in Q2FY26.
Revenue from operations increased to ₹3,563.07 crore from ₹3,191.32 crore in the same quarter last year.
The results marked Dabur's fourth consecutive quarter of double-digit profit growth and second consecutive quarter of double-digit revenue growth.
Consolidated revenue stood at ₹7,327 crore for H1FY27, up 11.1% YoY. Net profit for the half-year jumped 13.4% to ₹1,096 crore.
But the sequential performance was not as good. Revenue was down from ₹3,764.39 crore in Q1FY27 and net profit down from ₹590.88 crore.
The company also declared an interim dividend of ₹3.50 a share.
The figures suggest a better annual growth but quarterly profitability is still affected by shifts in demand and input costs.
Domestic FMCG Growth and International Business
Dabur’s India FMCG business grew its revenue by 10.7% during Q2FY27.
Underlying volume growth was 5.5%, meaning that the higher sales were backed by an increase in the amount of products sold.
Premium brands performed particularly well, growing at about four times the speed of regular brands.
Now premium products account for about 20% of the company’s domestic business.
Within individual categories, home and personal care revenue grew 10.9%, led by demand for shampoos, hair oils and home care products.
Healthcare revenue was up 6.9% while the food and beverages business grew 17.4%.
International operations grew 20% in rupee terms in the quarter, adding another source of revenue growth outside of India.
Dabur’s double-digit consolidated revenue growth was helped by the combination of domestic volume growth and international expansion.
Costs are increasing and there is a change in leadership.
Even as sales picked up, Dabur still felt the pinch of high raw material costs.
Its EBITDA was up about 7.7% YoY at ₹633 crore. However the EBITDA margin fell to about 17.8% from 18.4% in the prior year.
This suggests slower growth in operating profit compared to revenue, reflecting the effect of input cost pressure and changes in product mix.
The company also announced a change in leadership during its results announcement for the quarter.
Its global CEO Mohit Malhotra has resigned with effect from November 13, 2026.
Dabur is changing its leadership as it aims to grow its existing consumer brands, strengthen its distribution and focus on premium products.
Why Dabur Shares Jumped?
Shares of Dabur rose nearly 3.5% on November 4 to close at around ₹395 ahead of the earnings announcement.
The rise was during a session in which Indian benchmark indices also moved higher. It therefore should not be seen as a reaction to the results announced later in the day.
The quarterly results give investors several areas to look at – underlying volume growth, premiumisation, international expansion and operating margins.
Profit and revenue increased at similar rates, but the fall in EBITDA margin points to raw material inflation still being a key issue.
Dabur’s Q2FY27 results show robust demand across many product categories. The sustainability of earnings growth will depend on volume expansion, pricing and the company’s ability to manage costs in the coming quarters.
