Dabur CEO rules out senior exits, hints at new India role as Q3 growth rebuilds to 7%
CEO Mohit Malhotra denied senior departures and flagged a possible new India-business role amid restructuring. Q3 growth accelerated from ~4% in October to ~7% at exit, with January tracking 7.5%. Guides mid-single-digit volume growth plus 2-3% price hikes; Chyawanprash tertiary sales up 11%.
What happened
Dabur CEO Malhotra denied senior exits, signaling possible new India role amid restructuring. Q3 growth improved from 4% in October to 7% exit; January tracking
Key facts
- 75% domestic revenue
- 25% international revenue
- market cap ₹89,553.62 crore
- shares down >5% YoY
- Oct growth ~4%
- Q3 exit ~7%
- Jan growth ~7.5%
- mid single-digit volume growth guidance
- 2-3% price increases
- Chyawanprash tertiary sales +11%
Why this matters
Restructuring optionality and a potential dedicated India-business head could reshape Dabur's M&A appetite in ayurveda and foods adjacencies as category momentum rebuilds.