Dabur India Q2 profit soars 12% YoY to ₹505 crore, international business grows 20%; dividend declared

In the same period last year, the company had logged a profit of ₹452.55 crore, according to a regulatory filing.

Its consolidated revenue from operations advanced by 11.6% YoY to ₹3,563.07 crore during the quarter under review, compared with ₹3,191.32 crore in the second quarter of the 2025-26 fiscal year (Q2 FY26).

However, the firm clocked a 13% YoY increase in its material cost to ₹1,822.7 crore in Q2 FY27, in contrast to ₹1,613.5 crore in the year-ago period.

Its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹804.3 crore in the second quarter of FY27, registering a 10.5% YoY growth from ₹728.2 crore in the corresponding quarter of the preceding fiscal year.

However, its EBITDA margin contracted by 20 basis points (bps) YoY to 22.6% for the reporting period, as against 22.8% in Q2 FY26.

Its India FMCG business grew 10.7%, with 5.5% underlying volume growth, as per a press release.

Its premium brand grew at 4X the pace of regular brands and accounts for a 20% share of the domestic business.

Its international business advanced 20% in INR terms in Q2, with strong performances across key markets.

Category-wise highlights

Both the shampoo and hair oils businesses registered high double-digit growth, while the home care category also surged in double digits.

The Skin & Salon business grew at a high single-digit rate, and the oral care category reported mid-single-digit growth.

Dabur's international business rose 20% in INR terms during the quarter, supported by strong performances across several key markets like Bangladesh, Egypt, Sub-Saharan Africa, and Turkey.

Dividend declared

Dabur India’s board of directors also declared an interim dividend of ₹3.50 per equity share, with a face value of ₹1 each, for FY27.

It also fixed November 10, 2026, as the record date.

What the management said

Commenting on the earnings, Herjit S. Bhalla, CEO of Dabur India, said: “Our performance in Q2 reflects the strength of our brands and the sharper execution of our strategy. We delivered profitable growth despite operating in a challenging external environment marked by geopolitical uncertainty and elevated input-cost pressures. What gives me confidence is that the growth has been broad-based and backed by healthy underlying volumes.”

Ballah further stated that the evolving channel landscape continues to present significant opportunities for us. This quarter saw a marked resurgence in General Trade, with the channel growing by mid- to high-single-digit, supported by continued efforts under Project Saksham.

“We remain focused on strengthening our brands and expanding our presence across channels to sustain growth momentum," Bhalla added.

Global CEO resigns

The company’s board of directors also accepted the resignation of Mohit Malhotra, Global Chief Executive Officer and Whole-time Director, from Dabur, with effect from November 13, 2026.

“I have accepted a leadership role overseas, effective 16 November 2026. I would be grateful if the Board could relieve me before that date, and I will ensure that the handover is complete and seamless before I leave,” Malhotra said in his official resignation letter.

Shares of Dabur India closed 3.5% higher at ₹395 per unit on the National Stock Exchange (NSE) on Wednesday, November 4. However, the results were announced after the market closed.

Dabur India has a total market capitalisation of ₹70,071.30 crore as of November 4, 2026, according to data on the NSE.