Mumbai: Homegrown FMCG firm Dabur India on 23 July posted a 17.93% rise in net profit at Rs54.06 crore for the first quarter ended 30 June, against Rs45.84 crore for the same period last year.
Total income of the company surged 14.75% to Rs451.04 crore from Rs393.05 crore, Dabur India informed the Bombay Stock Exchange (BSE).
The company’s board at its meeting approved the appointment of Amit Burman as vice-chairman and Mohit Burman as additional director.
Further, the company said Anand C Burman has been promoted as non-executive chairman of the board. He was earlier the vice-chairman.
The group recorded a net profit after minority interest of Rs62.22 crore for the quarter, as against Rs48.22 crore in the previous year. Its total income increased to Rs578.59 crore from Rs480.79 crore in Q1 FY07.
Shares of Dabur India were trading at Rs100.95, down 1.03% on BSE in afternoon trade.