This compares to a net profit of Rs 507.04 crore in the same period last year, according to the company’s regulatory filing.
Revenue from operations also fell by 5.46% to Rs 3,028.59 crore, down from Rs 3,203.84 crore in the July-September quarter of the previous year.
Total expenses for Dabur India stood at Rs 2,634.40 crore, reflecting a slight decrease of 1.31% in the September quarter.
"Despite a challenging demand environment marked by high food inflation and a resultant squeeze in urban demand, Dabur continued to drive consumer engagement across its key brands to end the second quarter of 2024-25 with a consolidated revenue of Rs 3,029 crore," Dabur said in its earnings statement.