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Dabur India expects mid-single digit revenue dip due to floods, inventory issues | Mint

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Dabur India expects mid-single digit revenue dip due to floods, inventory issues | Mint

- Dabur India is expected to report a mid-single-digit decline in consolidated revenue for the September quarter due to heavy rains and floods across parts of India. - Adverse weather conditions impacted out-of-home consumption and led to excess inventory in kirana stores. - Dabur India plans to correct distributor inventory in general trade channels, which were affected by disproportionate growth in quick commerce and modern trade. - The company's distributor inventory correction may lead to a temporary decline in top-line revenue. - However, the international business is expected to register double-digit constant currency growth in the top-line. - Investments in advertising and promotions continued during the quarter.

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