Dabur announces 125 pct Interim Dividend

The Board of Directors of Dabur India Ltd (DIL) have approved the Interim Dividend for 2014-15. Says P D Narang, Dabur India Ltd Group Director, “Continuing with our payout policy, the Board has proposed an interim dividend of Re. 1.25 per share, aggregating to Rs. 256.8 Crore, including Dividend Tax.” The decision to declare an interim dividend was taken in view of the strong financial performance recently announced by the company. Dabur India Ltd had ended the first quarter of 2014-15 with a 13.2 per cent jump in Consolidated Net Sales at Rs1,863.9 Crore, while Consolidated Net Profit reported a 13.3 per cent growth to Rs210.8 Crore in Q1.