Dabur says Gulf war inflation erodes GST cut gains, forces 4% price hike

CEO Mohit Malhotra flags 10% input inflation in April-May from Middle East conflict, neutralizing GST relief. Dabur counters with grammage cuts, value growth push, and ₹500 cr D2C acquisition platform. Q4 net profit ₹369 cr (+15% YoY), sales ₹3,038 cr (+7%); rural outpaced urban by 350 bps.

— Filed Mon, 18 May, 2026, 00:29 IST · Source ET Small Business · Updated

Dabur CEO Mohit Malhotra says Middle East war-driven inflation (10% in April-May) has eroded GST cut benefits, forcing 4% price hikes and grammage cuts. Company pursuing value growth and D2C acquisitions via ₹500 cr Dabur Ventures platform.