New Delhi, April 3 The Indian FMCG major, Dabur, expects its consolidated revenues to grow in the mid-single digits in the March quarter of FY26, driven by a sequential recovery in the domestic market and double-digit growth from the international market.
Furthermore, the company expects its operating profit to grow ahead of the topline, Dabur stated in an update for the quarter ended March 31, 2026.
The March quarter witnessed "steady momentum" in the domestic India business, underpinned by a stable macroeconomic environment. Its India FMCG business witnessed sequential recovery in demand and is likely to record high single-digit growth, it added.
This strong domestic performance helped offset challenges in some of its key international markets, particularly West Asia, where heightened geopolitical tensions led to demand disruptions and supply chain constraints, it said.
"Overall, we expect consolidated revenues to grow in mid-single digits with operating profit growing ahead of the topline," it noted.
During the quarter, its Home and Personal care business sustained its double-digit growth trajectory and is likely to grow in the mid-teens.
"This growth is expected to be led by Hair Oils, Shampoo and Home Care, which are likely to record growth in the twenties. Key brands, which are expected to record healthy volume-led growth, are Dabur Amla franchise, Vatika Shampoo, Dabur Almond, Odonil, Odomos, Meswak and Gulabari," said Dabur.
In the Healthcare vertical, Dabur Honey, Honitus, Health Juices and Hajmola franchise are expected to report a double-digit growth.
However, in the hydration segment, Dabur Glucose was impacted on account of unseasonal rains in key markets in March.
"Overall, the healthcare business is expected to report low-single digit growth," it said.
Its Foods, Real Activ Juices and Coconut Water continued to clock over 20 per cent growth rates.
However, "the out-of-home portfolio was impacted on account of unseasonal rains in key markets. Real brand continued to outpace category growth and gained market shares across Nectars, Juices and Coconut Water," the company said.
In terms of channels, organised trade, including modern trade, e-commerce and quick commerce, maintained its growth momentum, alongside a steady recovery in the general trade.
In international business, the West Asia business was impacted on account of the US-Israel-Iran conflict; its other key markets, like Turkey, Bangladesh and the UK, performed well and continue to grow in double-digits in constant currency terms.
"We expect our international business to record low-single digit growth in rupee terms," said Dabur.
Dabur gets around 24–25 per cent of its consolidated revenue from global markets.
Over the outlook, Dabur said it anticipates a progressive recovery in domestic demand, driven by improving consumption trends.
"We remain watchful of the evolving geopolitical landscape and will continue to take proactive measures to mitigate any potential impact on our operations and cost structure," said Dabur.
Dabur's quarter update "will be followed by detailed financial results and earnings presentation", once its board has the consolidated and standalone financial results for the quarter ended March 31, 2026.