Dabur India Ltd.’s quarterly volumes contracted after the coronavirus-related isolation orders stalled most operations.
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Dabur also expects its revenue from operations and net profit to take a hit of Rs 400-450 crore and Rs 60-80 crore, respectively, in the quarter ending June as coronavirus cases continue to mount in the country. “It’s difficult to estimate the impact of Covid-19 on our operations beyond June 2020 at this point of time.”
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On Wednesday, Dabur India shares fell 1.04% to Rs 428.75 apiece on BSE while the benchmark Sensex gained 3.25% to end the day at 31,605.22 points. The quarterly results were declared during market hours.
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