FMCG major Dabur India has reported a sharp jump in net profits at Rs 130.89 crores for the quarter ended June 30, 2013 as compared to Rs. 118.92 crores for the quarter ended June 30, 2012.
Total Income at the company has increased from Rs 1040.80 crores for the quarter ended June 30, 2012 to Rs. 1156.16 crores for the quarter ended June 30, 2013.
FMCG companies unlike most infra sector companies are expected to post good results, despite a slowdown in the economy. Dabur's results were largely in line with expectations. The Dabur stock was trading little changed at Rs 169.35 on the Bombay Stock Exchange.
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