Dabur Q1 updates: Co expects double-digit revenue growth as rural demand stays ahead of urban

Dabur India expects consolidated revenue to grow in double digits in the June quarter, helped by steady demand in India, strong growth in emerging sales channels and resilience in its international business despite pressure in the Middle East.

The company, in its quarterly update for the period ended June 30, 2026, said consumer sentiment remained resilient despite geopolitical concerns and hyperinflationary pressure in some of its key markets. Dabur said its business trajectory improved sequentially over the previous quarter, and it expects consumption in international markets to improve in the coming quarters as the Middle East situation eases.

In India, both rural and urban markets sustained their growth trend, with rural demand continuing to outpace urban. This is important for Dabur as a large part of its portfolio, including health, oral care, hair care and beverages, has strong rural and semi-urban reach.

The India FMCG business is expected to post near double-digit growth during the quarter. The home and personal care business is likely to grow at a near-teens level, led by strong demand for hair oils and shampoos. Dabur said hair oils and shampoos are expected to deliver high-teens growth, supported by perfumed and coconut hair oils.

Oral care is also expected to report near double-digit growth. Dabur said growth was broad-based across the segment, with the new herbal franchise and Meswak recording strong double-digit growth. Its flagship Red Toothpaste and Lal Dant Manjan brands also continued their upward trend.

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The company’s emerging channels, including e-commerce, quick commerce and modern trade, are expected to report strong double-digit growth. General trade also improved sequentially, with growth seen across urban and rural markets. Dabur said Project Saksham, its distribution and route-to-market optimisation initiative, is showing early positive signs.

The international business is expected to grow in the high teens in rupee terms, even with severe pressure in the Middle East. Egypt, Turkey, Bangladesh and the UK each recorded strong double-digit growth in rupee terms.

Dabur said elevated inflation during the quarter, especially in hair care, was managed through calibrated price hikes, helping maintain stable operating margins. Profit after tax is expected to grow at a double-digit level. The company said detailed financial results will be announced after board approval.