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Published 16:59 IST, February 4th 2025

Global Volatility: FMCG Giant Dabur Takes Key Decision - See Details

The decision to shorten the review period from four to three years will enable the company to assess, refine, and adjust its policy decisions more frequently.

Reported by: Business Desk
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Global Volatility: FMCG Giant Dabur Takes Key Decision
Global Volatility: FMCG Giant Dabur Takes Key Decision | Image: shutterstock

Amid the volatile geopolitical scenario, a slowdown in the FMCG sector, and various economic factors impacting the industry, domestic enterprise Dabur has reduced its strategic vision cycle from four years to three years to streamline its business and policy prospects.

"This exercise has already begun, and we plan to conclude the same by the end of the fiscal year. This will enable us to capture emerging opportunities and navigate the future with sharper and more focused vision," said Dabur CEO Mohit Malhotra, as reported by PTI.

In a move to create a more agile organization, this homegrown brand is collaborating with consulting firm McKinsey & Co. to analyze and adjust its strategic plans according to evolving global dynamics.

The decision to shorten the review period from four to three years will enable the company to assess, refine, and adjust its policy decisions more frequently.

"Earlier we used to have a four-year vision cycle... We feel that in this volatile and heavy-headwind macroeconomic environment, with FMCG not performing well as a sector, we require a validation of our strategies through an external consultant," Malhotra said, as per PTI.

Dabur India boasts a portfolio of renowned brands such as Dabur Chyawanprash, Dabur Amla, Dabur Honey, Honitus, Pudin Hara, Dabur Lal Tail, and the juice brand Real, among others.

Dabur Share Update

On Tuesday at 3:31 pm, Dabur's share price closed at ₹541, marking a surge of 1.35% from the previous closing. It opened at ₹538.95, registered a high of ₹542, and a low of ₹535.

The company has a market capitalization of ₹95,988 crore. Over the last ten years, Dabur has registered a growth of 102%, while in the past year, its value increased by only 7%.

The stock fluctuates between ₹672 and ₹489 over a 52-week period. In FY24, Dabur posted a net profit of ₹1,509 crore.

(With PTI Inputs)

Updated 21:25 IST, February 4th 2025