Dabur India Ltd. — Annual Report 2025

May 7, 2025

Ref: SEC/SE/2025-26Date: May 07, 2025

1if

To,Corporate Relations DepartmentBSE Ltd.Phiroze Jeejeebhoy TowersDalal Street,Mumbai- 400001

Listing DepartmentNational Stock Exchange of India Ltd.Exchange Plaza, 5th FloorPlot No. C/1, G Block, Bandra Kurla ComplexBandra (E), Mumbai -400051

BSE Scrip Code: 500096

NSE Scrip Symbol: DABUR

Sub: Audited Financial and Segment wise Results for the quarter and year ended March31, 2025, declaration of dividend, and fixina of Annual General Meeting

Dear Sir/Madam,

In compliance with Regulations 30, 33, 43 and 52(4) of the SEBI (Listing Obligations &Disclosure Requirements) Regulations, 2015, ('Listing Regulations'), we would like to informyou that the Board of Directors of the Company, in its meeting held today i.e. May 07, 2025,have approved the following:-

i)approved the Financial and Segment wise results of the Company (Consolidated as wellas Standalone), for the quarter and year ended on March 31, 2025, Cash Flow Statementfor the year ended on March 31, 2025, and Statement of Assets and liabilities as at thatdate (Consolidated as well as standalone). The said Financial Results along with Auditors' Report thereon (Consolidated as well as Standalone) issued by Statutory Auditors of theCompany are being submitted herewith.

It is hereby confirmed that the Statutory Auditors have issued the Auditors' Report onFinancial Results (Consolidated as well as Standalone) with an unmodified opinion.

In terms of Regulation 47 of the Listing Regulations, the Quick Response Code and thedetails of the webpage where complete financial results of the Company for the quarterand year ended March 31, 2025, are accessible to the Investors, shall be published onMay 08, 2025, in all editions of Mint (English newspaper) and all editions of Deshbandhu(hlindi newspaper).

The full Consolidated and Standalone Financial Results for the quarter and year endedon March 31, 2025 shall be available on the websites of the Stock Exchanges, wheresecurities of the Company are listed i.e. www.nseindia.com and www.bseindia.com andon the Company's website at www.dabur.com.

ii).» Pursuant to Regulations 30 and 43 of the Listing Regulations, the Board of Directors ofthe Company have recommended Final Dividend of Rs.y-jFper equity share having facevalue of Re. 1/- each (i.e.5~^s-%) for the financial year 2024-25, for approval of membersof the Company in the ensuing Annual General Meeting.

Information regarding Book closure/ Record date and dividend payment date will beinformed in due course of time.

DABUR INDIA LIMITED, Punjabi Bhawan, 10, Rouse Avenue, New Delhl-110 002, Tel.: +91 11 71206000 Fax: +91 11 23222051Regd. Office: 8/3, AsafAli Road, New Delhi -110 002 (India), CIN: L24230DL1975PLC007908, Email: corpcomm@dabur.com, Website: www.dabur.com

iii) The Board has fixed the date of the fiftieth Annual General Meeting (50th AGM) of Shareholders of the Company, which shall be held on Thursday, August 7, 2025 at 3.00 PM (1ST) by way of Video Conferencing/ Other Audio - Visual Means.

The Board meeting commenced at Qt ; -^ o ^M and concluded at 0:3 : 3 5~ t>r^

This is for your information and records.

Thanking You,

Yours faithfully, For Dabur India Limited

Ashok Kumar Jain

Digitally signed by Ashok Kumar Jain DN: c=IN, o=Personal, title=2634, pseudonym=fzxn5h6lv9a4tm20edjrgc pks8q3o7w1, 2.5.4.20=08443b3bbbcf5f80cd46cc26a dd8b8bdd652ffd20caa6b7340b03564 e4b39dfa, postalCode=110092, st=Delhi, serialNumber=ecb3e1fdc2a028c70333 c2d10a7e968110c5d0645b352ed6dfd 1bc6aad8147b3, cn=Ashok Kumar Jain Date: 2025.05.07 15:47:48 +05'30'

—/p^w^—

(Ash6k Kur^ar J^iin) Group Company Secretary and Chief Compliance Officer

End: as above

G. BASU & Co. CHARTERED ACCOUNTANTS

Independent Auditor's Report on Consolidated Financial Results for the Quarter and Year ended on 31 March 2025

To the Board of Directors of Dabur India Limited

Opinion

• 1. We have audited the accompanying consolidated financial results ('the Statement') of Dabur India Limited ('the hlolding Company') and its subsidiaries (the hlolding Company and its subsidiaries together referred to as 'the Group') and its joint venture for the quarter and year ended 31 March 2025, attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations').
• 1. In our opinion and to the best of our information and according to the explanations given to us, the Statement:
  • (i) includes the financial results of the entities listed in Annexure 1;
  • (ii) presents financial results in accordance with the requirements of Regulation 33 and Regulation 52 read with Regulation 63 of the Listing Regulations; and
  • (iii) gives a true and fair view in conformity with the applicable Indian Accounting Standards ('Ind AS') prescribed under section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles generally accepted in India, of the consolidated net profit after tax and other comprehensive income and other financial information of the Group, and its joint venture, for the quarter and year ended 31 March 2025.

Basis for Opinion

1. We conducted our audit in accordance with the Standards on Auditing specified under section 143(10) of the Act. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Statement section of our report. We are independent of the Group and its joint venture, in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Act, and the rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.

G. BASU & Co. CHARTERED ACCOUNTANTS

BASU HOUSE 1ST FLOOR 3, CHOWRINGHEE APPROACH KOLKATA - 700 072

Responsibilities of Management and Those Charged with Governance for the Statement

• 1. The Statement, which is the responsibility of the hlolding Company's management and has been approved by the hlolding Company's Board of Directors, has been prepared on the basis of the consolidated annual financial statements. The hlolding Company's Board of Directors is responsible for the preparation and presentation of the Statement that gives a true and fair view of the consolidated net profit or loss and other comprehensive income, and other financial information of the Group including its joint venture in accordance with the Ind AS prescribed under section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015 and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52 read with Regulation 63 of the Listing Regulations. The hlolding Company's Board of Directors is also responsible for ensuring accuracy of records including financial information considered necessary for the preparation of the Statement. Further, in terms of the provisions of the Act, the respective Board of Directors/ management of the companies included in the Group and its joint venture, covered under the Act, are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act, for safeguarding of the assets of the Group, and its joint venture, and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively, for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results, that give a true and fair view and are free from material misstatement, whether due to fraud or error. These financial results have been used for the purpose of preparation of the Statement by the Directors of the Holding Company, as aforesaid.
• 1. In preparing the Statement, the respective Board of Directors of the companies included in the Group and of its joint venture, are responsible for assessing the ability of the Group and of its joint venture, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting, unless the respective Board of Directors/ management either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.
• 1. The respective Board of Directors of the companies included in the Group and of its joint venture, are responsible for overseeing the financial reporting process of the companies included in the Group and of its joint venture.

Auditor's Responsibilities for the Audit of the Statement

1. Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Act will always detect a material misstatement, when it exists. Misstatements can arise from fraud or error, and are considered material if, individually, or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Statement.

G. BASU & Co. CIIARTERED ACCOUNTANTS

• 1. As part of an audit in accordance with the Standards on Auditing specified under section 143(10) of the Act, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
  • Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
  • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Holding Company has adequate internal financial controls system with reference to financial statements in place and the operating effectiveness of such controls.
  • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.
  • Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group and its joint venture, to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report, hlowever, future events or conditions may cause the Group and its joint venture to cease to continue as a going concern.
  • Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
  • Obtain sufficient appropriate audit evidence regarding the financial statements/ financial information of the entities within the Group, and its joint venture, to express an opinion on the Statement. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Statement, of which we are the independent auditors. For the other entities included in the Statement, which have been audited by the other auditor, such other auditor remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.
• 1. We communicate with those charged with governance of the Holding Company and such other entity included in the Statement, of which we are the independent auditors, regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
• 1. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
• 1. The performance of procedures in accordance with the SEBI Circular CIR/CFD/CMD1/44/2019 dated 29 March 2019 issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), is not applicable

G. BASU & Co. CHARTERED ACCOUNTANTS

herein considering all entities (except for the one referred to in para 12 below) under consolidation are audited by us.

Other Matters

• 1. The Statement includes the Group's share of net profit after tax of ? 0.55 crores, and total comprehensive profit of ? 0.55 crores for the year ended 31 March 2025, in respect of a joint venture, based on their annual financial information, which have not been audited by their auditor. These financial information have been furnished to us by the hlolding Company's management. Our opinion, in so far as it relates to the amounts and disclosures included in respect of the aforesaid joint venture, is based solely on such unaudited financial information. In our opinion, and according to the information and explanations given to us by the management, these financial information are not material to the Group. Our opinion is not modified in respect of this matter with respect to our reliance on the financial information certified by the Board of Directors.
• 1. The Statement includes the consolidated financial results for the quarter ended 31 March 2025, being the balancing figures between the audited consolidated figures in respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subject to limited review by us

For G Basu & Co Chartered Accountants Firm Registration No: 301174E ^

A lh^-

Subroto Lahiri Partner Membership No. 051717

UDIN•• ^sos}'i n ^^oxsi^°ii^^

Place: New Delhi Date : 07 May 2025

G. BASU & Co. CdARTERED ACCOUNTANTS

BASU HOUSE 1ST FLOOR 3, CHOWRINGHEE APPROACH KOLKATA-700072

Annexure 1

List of entities included in the Statement

Subsidiaries:

H & B Stores Limited, Badshah Masala Private Limited, Dermoviva Skin Essentials INC, Dabur International Limited, Dabur International FZE, Naturelle LLC, Dabur Egypt Limited, African Consumer Care Limited, Dabur Nepal Private Limited, Asian Consumer Care Pakistan Private Limited, Dabur Bangladesh Private Limited, Hobi Kozmetik, RA Pazarlama, Dabur Lanka Private Limited, Namaste Laboratories LLC, Urban Laboratories International LLC, Hair Rejuvenation & Revitalization Nigeria Limited, Healing Hair Laboratories International LLC, Dabur (UK) Limited, Dabur Consumer Care Private Limited, Dabur Tunisie, Dabur Pakistan Private Limited, Dabur Pars, Dabur South Africa (PTY) Limited, D and A Cosmetics Proprietary Limited, Atlanta Body and Health Products Proprietary Limited and Excel Investments FZE.

Joint venture:

Forum I Aviation Private Limited.

						(?ins)crore
SI.No	Particulars	Qutendedarr e	Predingrteecquar	Codingrrespon	Cuntrreyear	Priouevs year
		(31/03/)2025	deden	ndedtequarr e	deden	deden
			(31//24)1202	(31/03/2024)	(31/03/)2025	(31/03/)2024
		(Ref5)oterne	(Uudited) na	(Ref5)oterne	(Audited)	(Audited)
1	Income
	e fReationvenuromopers	2,830.14	3,355.25	2,814.64	12,563.09	12,404.01
	Other income	141.15	128.03	128.85	550.10	482.41
	Tol intacome	2,971.29	3,483.28	2,943.49	13,113.19	12,886.42
2	Expenses				263.68	186.90
	Coofrialsed(iludingcise d)stteutymaconsumncex	1,341.32	1,220.17	1,219.62280.40	5,28	5,11.11
	Purchofk iradstn tasesoce	260.26	404.46		1,3,2810	1,248.95
	Chs in irief finishedodck-inadndk-itosto-trangenvens ogos,e aworn	(92.52)	118.21	(5)3.26	(5)7,
	progress	294.36	335.16	316.23	1,291.23	1,239.56
	Emploe befitsyeenexpense	39.25	44.20	35.24	163.50	124.18
	Finstsanceco	116.87	108.64	107.36	445.60	399.21
	Deciationdrtisatiepren aamoonexpens
	Other expenses	176.40	226.72	183.65	864.64	849.06
	Adrtist andublicityveemenp	423.45	368.64	401.19	1,556.02	1,468.20
	Others	2,9.3955	2,826.20	2,490.43	10,855.85	10,527.17
3	Tol etaxpensesit/fs)Profit befoshf proflosfrojointtiol itntureare omverexcnaems	411.90	65087.	453.06	2,257.34	2,359.25
	, eep	0.01	0.50	(0).40	0.55	^(0.51)1
	Shofofit/(loss)ofjointnteareprveur	411.91	65587.	452.66	2,257.89	2,358.74
P4	fitfobetiol itndtaroreexcepnaems ax
] E5	tiol itxcepnaemsProfit befe t	411.91	657.58	452.66	2,25897.	2,358.74
67	orax
	Tasex expeni Ct ta	899.7	138.81	113.46	499.06	539.53
	urrenxDefed trreax	9.39	2.95	(2.02)	18.41	7.90
	Nefitfoheiod/yr (A)r troerea	312.73	515.82	341.22	1,740.42	1,811.31
9	t ppOtheehsivincr compreneome
)a	Itethwill nbeclaified tofit or loatotmsressoprss	8.17	(1.14)	(1)8.66	4.75	(2.93)1
	Inclatingitethwill nbeclaified trofit or loe ttoatotomaxremsresso pss	(2.85)	0.40	6.55	(1.65)	1.05
b)	Itethwill blassifiedrofit or loattomserecpss	38.4	414.96	(73.19	)105.099.10	(78.91)11
	sifrofInce tlatingtoitethatwill blasiedtoit or loomaxremserecpss	(61).3	0.33	(41).3	(1)	(19)1.0
10	[Talheehsivince/floss)foheiod/(B)ototr tr compreneomperyear	37.4	145.55	(89.61	)89.09	(91.88)1
11	Td/yalehsivince fthrior (A+B)otcompreneomorepeea	350.18	530.37	251.61	1,829.51	1,719.43
	Nefittribublet pattatoro:
	Owoftheholdingnerscompany	320.13	522.38	349.53^	1,767.63	1,842.68
	Nollinintnttn-corogeres	,(7.40	)(6.56)	jsl	(221)7.	(31.37)1
	Otheehsivincibublettrtator compreneome a:	37.4	14.555	9.60	89.09	1.81
	Owoftheholdingnerscompany			(8MJ2	)	(96)(0,02)1
	Nollingjnnttestn-corore
	^
	Tol cehsivincibubletattrtatoompreneome aOwofh	357.58	536.93	259.93	1,856.72	1,750.82
	theoldingnerscompanyllin	(7.4	(66)0).5	(82).3	(27.21)	(31.39)1
	Nointnttn-corogeres
12	[Paidityhapital(Faluof?leach)-usrecaace ve	177.23	177.23	177.20	177.23	177.20
13	p equJOthityere				10,623.46	9,683.10
14	quEaingshe (Falueof?1 eh)(nolised)t arnerarcevaacnnua
	s p	1.81	2.95	1.97	9.97	10.40
	(?)Basic	1.80	2.94	1.97	9.95	10.38
	Diluted(?)

^ ^

x^

^

						(?s)incrore
SI.No	Pticulaarrs	Qndedrteuar e	Predingec	Codingrrespon	Cuntrreyear	Priouevs year
		(31//Z5)0302	tendedquarr e	tendedquarr e	deden	deden
			(31//24)1202	(31//24)0302	(31/03/2025)	(31/03/2024)
		(Ref5)oterne	(Uudited)]na	(Ref5)oterne	(Audited)	(Audited)
1	Set ruegmeneven
	A.Ce bineonsumer carusss	2,254.98	2,850,34	2,213.96	10,160.10	9,942.20
	B.Fd bineoousss	500.48	429.55	527.69	2,100.61	2,178.59
	C.Retail bineusss	24.56	32.61	30.88	115.47	123.37
	D.Othtsersegmen	39.81	34.04	31.81	150.29	122.79
	E.Ullod othingteratnacaeroperevenue	10.31	8.71	10.30	36.62	37.06
	Ree fionatvenuromopers	2,830.14	3,355.25	2,814.64	12,563.09	12,404.01
2	Seultt rgmeness
	A.Ce bineonsumer carusss	419.24	674.50	450.28	2,271.08	2,304.53
	B.Fd bineoousss	60.07	58.47	67.59	267.64	303.60
	C.Ril bineetausss	0.24	0.37	0.84	(09).7	1.27
	D.Othtsersegmen	3.81	5.00	1.68	16.85	11.84
	SubTotal	483.36	738.34	520.39	2,4.7855	2,621.24
	Le: Finatsssnce cos	39.25	44.20	35.24	163.50	124.18
	Le: Ulloblenditut offallableincssnacaexpereneunocome	10.34	15.19	10.21	46.46	50.33
	Le: Artisionofiniblised olidionattaetsatssmonge assrecognn conso	21.87	21.87	21.88	87.48	87.48
	ofefofofit/fs)froPrit bshlosjointtutioloreareprmvenre, excepna	411.90	65087.	453.06	2,25347.	2,359.25
	itendtams ax
	Shf profit /(ls)ofjointntare oosveure	0.01	0.50	(0.40)	0.55	(01).5
	Profit befionalitendpttaoreexcemsax	411.91	657.58	452.66	2,257.89	2,358.74
	Exptionalitecems
	Profit beftaorex	411.91	657.58	452.66	2,257.89	2,358.74
	Le: Tssaxexpenses	99.18	141.76	111.44	517.47	547.43
	Nefitfoheiod/yt pr troperear	312.73	515.82	341.22	1,740.42	1,811.31
3	Set aetsgmenss
	A.Ce bineonsumer carusss	5,707.05	5,635.49	5,348.25	5,707,05	5,348.25
	B.Fd bineoousss	1,792.71	1,780.45	1,583.66	1,792.71	1,583.66
	C.Ril bineetausss	105.43	106,20	120.90	105.43	120.90
	D.Othtsersegmen	68.63	67.60	66.51	68.63	66.51
	E.Ullodtenaca	8,558.46	8,523.37	8,003.36	8,558.46	8,003,36
	Tolta	16,232.28	16,113.11	15,122.68	16,232.28	15,122.68
4	Set liabilitiesgmen
	CA.e bineonsumer carusss	2,158.72	2,152.59	1,912.20	2,158.72	1,912.20
	B.Fdbusinooess	786.64	0,0877	60467.	786.64	60467.
	C.Retail bineusss	137.58	136.00	142.82	137.58	142.82
	D.Othtsersegmen	31.66	33.20	292.5	31.66	292.5
	E.Ullodtenaca	1,907.42	2,152.52	2,127.60	1,907.42	2,127.60
	Total	022.025,	244.395,	4,819.60	022.025,	4,819.60

Additional disclosures as per regulation 52(4) of Securities & Exchange Board of India (Listing Obligations and ^;ll!A?8 Disclosure Requirements) Regulations, 2015 on consolidated financial results for the quarter and year ended 31 march 2025:

s?

					(?incrores,e	ios)t ratxcep
SI.No.	Partilacurs	Qndedrteuar e(31//25)0302	Predingecndedtequarr e1//2(312024)	Codirresponngtendedquarr e1//2(303024)	Cnturreyeardeden(31/03/2025)	Prioevusyeardeden1//2(303024)
		(Ref5)oterne	(Uudited)]na	(Ref5)oterne	(Audited)	(Audited)
(a)	Odideableefhautstanngreemprerencesres
(b)	Cae/pitaldeptiodebentdeptionremnreservureremreserve
(c) I	(en/e)Rludingluatiopitaleservesxcrevacareserv	1011.60,5	10,171.97	9,586.58	1011.60,5	9,586.58
(d)	OdiDebutsttanng[Nbing(includiities)ntntat+on-curreorrowsngcurremurNolealiabilitiCboingntnt+n-curresees+urrerrowsCuleliabilitilntrreasees	950.36	1,067.71	1,365.09	950.36	1,365.09
(e)	mSeritieiucusprem	548.02	547.86	534.39	548.02	534.39
(f)	Netht wor[Eityhaital +Othity(eludingqusrecaperequxcluation/Dil r)1tarevacaeserve	10,688.83	10,349.15	9,763.78	10,688.83	9,763.78
()g	Debtitytioequra(ins)[{Nntbingcludintatitieon-curreorrosngcurremurwNolealiabilitiCboingntnt+n-curresees+urrerros+wCu} /ntleliabilitiTotaluity]rreaseeseq	0.09	0.10	0.14	0.09	0.14
(h)	Lotedebt trkingitalngrmowocap[{NbingNoleliabilitintnton-curreorrows+n-curreasees(includiitieofbingntatntngcurremursnon-curreorroswdleliabiliti)}/Culesntntetannon-curreaseesrreassssliabiliti(eludingitieofntntatcurreesxccurremursnonbingndleliabiliti)]ntntcurreorrowanon-curreasees	0.23	0.30	0.42	0.23	0.42
(i)	Tol debl atio(i%)tatstototaetsssran[{Nbing(includiities)ntntaton-curreorrowsngcurremurNolealiabilitiCboingntnt++n-curresees+urrerrowsCulealiabiliti} /Tal]ntottsrreseesasse	%5.85	%6.63	%9.03	%5.85	9.03%
(j)	Debticetioservcoveragerafitfofin[Pbetats, dciatiodroreancecoseprenanx,tisiotiol itdShofatamornexpense,excepnaemsanare/losinJointtu{FinastsPrincipalsenrencecov+t fNntbingdNorepaymenoron-curreorrosannwleliabiliti(iludingitieofntntatcurreaseesnccurremursbingdlentntnon-curreorrowsannon-curreaseliahilitipisn	10.29	14.54	12.67	13.49	17.39
(k)	Intt svictioereserecoveragera[Pfitbefofin, dciatiodtatsrorex,ancecoseprenantisiotiol itdShofatamornexpense,excepnaemsanarelosinJoint/Fi]tustssvenrenanceco	14.47	17.35	16.90	17.53	23.21
(I)	Cnttiourrera[Cs /Cliabiliti]ntetnturreassurrees	1.51	1.36	1.45	1.51	1.45
(m)	(i)Baddebts tt reivabletio%oaccounecran[Baddeb/ Aadivables]tstrverageerece	%0.00	%0.00	%0.01	%0.00	0.01%
(n)	Cu(i)ntliabilitytio%rreran[Cliabilities/Tol liabilities]nttaurre	9%85.9	3%87.2	5%81.5	9%85.9	81.55%
(0)	Debts tr ftorurnovealofdu/Avdeivable	13.88	10.22	14.03	13.88	14.03
()p	[Ss]ctstraeproeragereceInv#totuenryrnover[Salofdus/Avinvf finisheddscttoeproerageenryogoodkinde]sttraanoc	13.96	148.5	138.7	13.96	138.7
()q	Otingi(in)%peragmarn[{Pfitfofinbetat,deiatiodroreancecosprecnanx,tisiotiol itdShofatamornexpense,excepnaemsanareme}/frolosinJointtundthinResenreaoercomvenuevODetio!rans	8%15.0	2%20.3	8%16.5	4%18.4	19.35%
(r)	Nefitgi(in%)t promarnfitfte/fro[Pr tRetio]roaaxvenuemoperans	5%11.0	6%15.0	2%12.1	5%13.8	14.60%

ft Based on TTM (Trailing Twelve Months)

'^

Dabur India Limited Consolidated Statement of Assets and Liabilities as at 31 March 2025 ^9-

^ ^

			(?ins)crore
	Partilacurs	Aats	Aats
		/03/312025	/03/312024
		(Ad)udite	(Audited)
A	ASSETS
1	Nontetn-curreasss
	(a) Plandiprtynttrope, paequmen	2,799.88	2,560.94
	(b) Cital wk-inapor-progress	166.41	209.09
	(c) Itmt prtynvesenrope	43.50	45.45
	(d)Gdwilloo	405.09	405.12
	) O(ethinibletaeterngasss	741.22	803.49
	(f)Iniblenddeltatstngasseerevopmenu	2.58	23.14
	(g) Iinjointmtst vtunvesenenre	7.88	7.33
	(h) Fincialetanasss
	(i)Othinsttservemen	5,372.43	5,258.76
	(ii)Others	21.39	20.83
	(i)Defd(n)tatseterrexasse	2.53	6.32
	(j)N(n)nttatseton-curreassex	0.61	4.45
	(k) Othnteternon-curreasss	136.30	98.14
	Tol Ntanttson-curreasse	9,699.82	9,443.06
2	Cuntet
	rreasss(a)Inientveors	2,300.11	1,946.97
	(b) Fincialetanasss
	(i)Itmtsnvesen	2,087.55	1,666.60
	(ii) Tdeivablerareces	888.50	898.72
	(iii)Cashndhuivaltsacasen	184.27	247.60
	eq(iv) Bkbalathth(iii)abeanncesoeranov	393.74	418.76
	(v)Others	44.02	42.51
	(c) Ct (t)nttaurrexassene	2.56	0.08
	(d) Othntetercurreasss	631.71	458.38
	Tol ctanttsurreasse	6,532.46	5,679.62
	TOSSSTAL AET	16,232.28	15,122.68
B	EQUITYANDLIABILITIES
1	Equity
	(a) Eityhaitalqusrecap	17237.	17207.
	) O(bthityerequ	10,623.46	9,689.10
	EquittribublhaholdeofthCoattatoyesrersempany	10,800.69	9,866.30
	(c) Nllinintroteston-congre	409.57	436.78
	Tol eitytaqu	11,210.26	10,303.08
2	Liabilities
	Nontliabilitien-curres
	(a) Fincialliabilitieans
	(i)Binorrowgs	304.03	535.97
	(ii)Leliabilitieases	181.92	170.27
	(iii)Othfiial liabilitieernancs	1.91	5.59
	(b)Pvisiroons	71.45	68.31
	(c) D(n)efdtaliabilitieeterrexs	144.27	109.03
	Tol nliabilitietanton-curres	703.58	889.17
3	Cntliabilitieurres
	(a) Fincialliabilitieans
	(i)Binorrowgs	426.09	622.10
	(ii) Lliabilitieeases	38.33	36.75
	(iii)Tradblepayaes
	Duicrdall eisetontemoansmerprs	132.49	184.98
	Dutotheoers	2,692.85	2,236.73
	(iv) Othfiial liabilitieernancs	36107.	312.60
	(b) Othntliabilitieercurres	134.15	112.35
	(c)Pvisiroons	260.53	249.89
	(d) C(n)nttaliabilitieeturresx	266.90	175.03
	Tol cliabilitiestanturre	4,318.44	3,930.43

Dabur India Limited Consolidated statement of Cash Flows for the year ended 31 March 2025

			(?ins)crore
	Partilacurs	Cuntrreyear	Priouevs year
		deden	deden
		/03/312025)	(31/03/2024)
		(Audited)	(Ad)udite
	CASHLOOMONGCTESFWFRPERATIAIVITI
A		2,25897.	2,358.74
	Profit beftaorex
	Adjufosttsmenr:	445.60	399.21
	Deiationndrtisionatseprecaamoexpen	.67	1.78
	(Gj/looft (t)ainn dispallanndipmtyt assoosproper, pequenne	(6)1130.5	50.43
	She bedntaraspaymeexpense	10.50	15.00
	Prisifor disputedliabilitieovons	14	24.83
	Prisifoloybefitsovonr empeeen	3.	124.18
	Finstsanceco	163.51
	Intt ieresncome	(408.16)	(393.10)1
	fo(net)Unlisedignchloreareexangess	2.69	1.01
	Exd credit ls/iairoffincial and-fincial actentetspeosmpmeannonanss	3.81	8.14
	Shof(pfit)/lof jointtuarerossoenrev	(05).5	0.51
	Gainfair valuionf finaialin(net)atstrtsononcumen	(2)8.15	(39.45)1
	Neainaleoffincial aredFVTPLt getsaton sanssmeasu	(7)7.95	(18.51)1
	Effeofoffloctchtesn tlationratingshexangeraoransopecaws	23.10	(126.52)1
	Opingrofit befkinpitalchndthdjuatstmtserpore worgcaanges aoeraen	2,402.26	2,406.25
	Wkinpitalchndthdjustmtsorgcaanges aoeraen:
	Invrietoens	(353.14)	.2477
	Tradivableereces	12.22	(5)]5.34
	Cuntdntfincial aetsrreannon-curreanss	1.46	(4.92)1
	Othedntnttsr curreannon-curreasse	(2)08.86	(207)3.71
		40187.	216.57
	TradbleepayasOthedfincial liabilities	97.74	26.19
	ntntr curreannon-currean	32.43	45.17
	Othentliabilitiendisir curres aprovons	2,391.29	2,507.39
	Cashflofroingctivitieskinital chaatt wmoperaposorg capngesw	(404.54)	(492)3.91
	[Direaid(nofrefd)cttaxetespun	1,986.75	2,013.47
	Neh flowfrtintivities (A)t casomoperagac
B	CASHLOROSTGACESFWFMINVEINTIVITI
	Acisitiof planndipmpitalrk-in-ndiniblrtyt at,taetsqun orope, pequencawoprogress ange ass	(569.54)	(563.86)1
	Prdsfrdispaloflanndipmtyt atoceeomosproper, pequen	30.43	2.98
	Purchf in/ bk ditsstmtsase oveenanos	(60),188.4	(5)],142.12
	epPrdsfrleofinv/ bk ditstmtsoceeomsaesenanos	879.125,	4,344.31
	epInteivedt r	399.28	386.95
	eresecNededininstictivities	(449.11)	(974)1.71
	(B)t ch gateasenerusvenga
c	CASHLOROCINGCTESFWFMFINANAIVITI
	Prdsfrisf eityshitaloceeomsue oare c	0.03	0.03
	quapRef nbowis (includingriti)t ontnttuenon-currerrocurremaes	(261.86)	(15)1.81
	paymngPrd fbowint	29.92	248.86
	oceeromnon-currerrongRef cbowi	(593.15)	(666.42)]
	t ontpaymenurrerrongsPrfrwi	608.26	382.23
	dsbontoceeomcurrerrongs	(33.91)	(28.94)1
	Principal poflealiabilitientaymeses	(108)5.	(12.65)]
	Intoflealiabilitiet pnteresaymeses	(9)74.78	(966)5.71
	Dividdidenpa	64.77	(106.68)1
	Finaidstsancecop	(1)5.34:	(18),161.11
	fin(C)Net ch udincinctivitiesasseang a	(1,40
	/(d) in(A+C)lncshndshuivalents+Breaseecreasecaaca	132.30	(1)119.45
	eqCashndshivalenthe binnofthiodtsat	(21.18:	97.57
	ingacaequege perIm	0.85	0.70
	ofctchs iharatpaangen excngees	111.97	(28)1.11
	Cashndshivalenthndf theiodtsatacaeque eoper

Notes :

(a)Ch andshuivalerisofntsascaeqcompes:
	Aats	Asta
	31/03/2025	31/03/2024
Cashndshivalentsacaequ	184.27	247.60
Balanithbksinshedit antsces wancacrccou	(71.92)	(268)8.71
rafBalanithbksindt antsces wanoverccou	(0.38)
CashndshivalenCoolidad sf ChFlotstetatt oacaequaspernsemenasws	111.97	(21.18)1

(b) The above Consolidated statement of Cash Flows has been prepared under the 'Indirect Method' as set out in Ind AS 7, 'Statement of Cash Flows'.

^ ^

Notes:

• 1 The audited consolidated financial results for the quarter and year ended 31 March 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 07 May 2025. The statutory auditors have expressed an unmodified opinion in the audit report on these consolidated financial results.
• 2 Final dividend of ? 5.25 per share (525 % on parvalue of ? 1 each) for the financial year 2024-25 aggregating ? 930.47 crores has been proposed by the Board of Directors.
• 3 During the quarter, 3,229 equity shares of face value of ^ 1 each have been allotted to the eligible employees on account of exercise of stock options pursuant to the Dabur Employee Stock Option Scheme, 2000.
• 4 The figures of the previous periods/year have been re-grouped/re-classified to render them comparable with the figures of the current period.
• 5 Figures for the quarters ended 31 March 2025 and 31 March 2024 are the balancing figures between audited figures for the full financial year and the reviewed year to date figures upto the third quarter of the respective financial years.
• 6 Dabur UK Trading Ltd. has joined the business combination as a step down wholly owned subsidiary of Dabur India Ltd., the parent company, subsequent to the quarter ended on 31.03.2025. This new entrant is incorporated in UK as a direct wholly owned subsidiary of Dabur International FZE, which is another step-down wholly owned subsidiary of the parent company.
• 7 The key standalone financial information is given below:

Particulars	Qundedtearr e(31/03/)2025	Preding artecquerdeden1//2(312024)	Codinrrespongndedtequarr e(31/03/2024)	Cuntrreyeardeden(31/03/)2025	Priouevs yeardeden(31/03/2024)
	(Refe5)oter n	(Uudited) na	(Ref5)oterne	(Audited)	(Audited)
Ree ftiovenuromoperans	1,964.71	2,448.26	2,039.46	9,070.71	9,135.60
Profit befotaxre	316.71	535.75	373.12	1,808.34	1,966.70,
rofit f/yeNet ptheiodorperar	250.54	418.08	283.15	1,403.22	1,509:21
Otheheivein/flo)r comprenscomess	26.06	(1.84)	2.03	65.95	_^4:57
Totalrehsive ie ftheriod/ycompenncomorpeear	276.60	416.24	285.18	1,46^.17	^43^

For and on bel Boa of Di/ei

^ ^

N; tei irman iairman )0021963 < New Delhi May 2025

Independent Auditor's Report on Standalone Financial Results for the Quarter and Year ended 31 March 2025

To the Board of Directors of Dabur India Limited

Opinion

• 1. We have audited the accompanying standalone financial results ('the Statement') of Dabur India Limited ('the Company') for the quarter and year ended 31 March 2025, attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations').
• 1. In our opinion and to the best of our information and according to the explanations given to us, the Statement:
  • (i) presents financial results in accordance with the requirements of Regulation 33 and Regulation 52 read with Regulation 63 of the Listing Regulations; and
  • (ii) gives a true and fair view in conformity with the applicable Indian Accounting Standards ('Ind AS') specified under section 133 of the Companies Act, 2013 ('the Act'), read with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles generally accepted in India, of the standalone net profit after tax and other comprehensive income and other financial information of the Company for the year ended 31 March 2025.

Basis for Opinion

1. We conducted our audit in accordance with the Standards on Auditing specified under section 143(10) of the Act. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Statement section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Act and the rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion.

Responsibilities of Management and Those Charged with Governance for the Statement

1. This Statement has been prepared on the basis of the standalone annual financial statements and has been approved by the Company's Board of Directors. The Company's Board of Directors is responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit/loss and other comprehensive income and other financial information of the Company in accordance with the Ind AS specified under section 133 of the Act, read with the Companies (Indian Accounting Standards) Rules, 2015 and other accounting principles generally accepted in India, and in compliance with Regulation 33 and Regulation 52 read with Regulation 63 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that gives a true and fair view and is free from material misstatement, whether due to fraud or error.

• 1. In preparing the Statement, the Board of Directors is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
• 1. The Board of Directors is also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Statement

• 1. Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Standards on Auditing, specified under section 143(10) of the Act, will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Statement.
• 1. As part of an audit in accordance with the Standards on Auditing, specified under section 143(10) of the Act, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
  • Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
  • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has in place an adequate internal financial controls with reference to financial statements and the operating effectiveness of such controls.
  • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.
  • Conclude on the appropriateness of the management's use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
  • Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
• 1. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

1. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matter

1. The Statement includes the financial results for the quarter ended 31 March 2025, being the balancing figures between the audited figures in respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subject to limited review by us.

For G Basu & Co Chartered Accountants Firm Registration No: 301174E

J^^ 4-/^—r

Subroto Lahiri Partner Membership No. 051717

UDIN: 2.50 5/7/7 BMOX^D^-^o^

Place: New Delhi Date : 07 May 2025

						(?ins)crore
SI.No	I Pticulaarrs	Qrtendeduar e	Predingec	Codingrrespon	Cnturreyear	Priouevs year
		(31/03/2025)	ndedtequarr e	ndedtequarr e	deden	deden
			(31//24)120Z	(31//24)0302	(31//25)0302	1//2(303024)
		efot	udite	ef	udite
1	Income	(R5)erne	(Ud) na	(R5)oterne	(Ad)	(Audited)
	Ree fionatvenuromers	1,964.71	2,448.26	2,039.46	9,070.71	135.60
	opOther income	118.55	10315.	114.18	451.94	9,41627.
2	Tol intaecom	2,083.26	2,553.57	2,153.64	9,522.65	9,553.22
	ExpensesCoofrialsed
	sttemaconsum	785.33	781.80	779.37	3,270.74	3,300.25
	Purchofk iradstn teasesoc	341.89	44505.	381.79	1,678.41	1,9.0557
	Chs in irief finisheddsk-iradndk-itotocn-tangenvens ogoo, se aworn-progress	(1)6.27	99.70	(5)8.28	12.90	49.18
	Emploe befitsyeenexpense	160.24	20985.	194.29	6.8677	782.14
	Finstsanceco	22.84	28.33	23.45	99.58	81.14
	Deiationndrtisationprecaamoexpense	63.22	638.7	54.19	250.93	208.86
	Other expenses
	Adrtist andublicityveemenp	131.09	166.04	14875.	650.72	67975.
	Others	278.21	226.69	259.84	974.17	909.93
	Total expenses	1,766.55	2,017.82	1,780.52	7,714.31	586.527,
3 P	fitbefotiol itdtaroreexcepnaemsanx	316.71	535.75	373.12	1,808.34	1,966.70
E4	tiol itxcepnaems
s	Profit beftaorex	316.71	535.75	373.12	1,808.34	1,966.70
6	Tax expense
	Cunttarrex	63.17	114.67	86.28	393.12	443.80
	Defedtarrex	3,00	3.00	3.69	12.00	13.69
7	Nefitfoheiod/yr (A)t pr troperea	250.54	418.08	283.15	1,403.22	1,509.21
8	Otheehsivincr compreneome
)a	Itethwill nbeclaified tofit or loatotmsressoprss	8.13	(14).1	(1)8.70	4.71	(2)1.97
	Inclatingitethwill nbeclaified tofit or loe ttoatotomaxremsressoprss	(2.85)	0.40	6.54	(1.65)	1.04
b)	Itethwill bclaified tofit or loatmseressoprss	27.09	(1).43	18.50	81.99	47.61
	Inclatingitethwill bclaified tofit or loe ttoatomaxremseressoprss	(6.31)	0.33	(4.31)	(1)9.10	(11.09)1
[T9	alheehsivince/(lo) fthriod/(B)ototr compreneomssorepeyear	26.06	(14).8	2.03	65.95	349.5
10[T	alehsivincfoheiod/yr (A+B)otr tcompreneomeperea	276.60	416.24	285.18	1,469.17	1,543.80
11I	l (f ?)Paid-ityshitaFalue1chupequare capcevaoea	177.23	177.23	177.20	177,23	177.20
12	jOthityerequ				7,246.06	6,738.17
13	e (of?h)(no)EarnishFalue1 et alisedngs perarcevaacnnua
	Basic(?)	1.41	2.36	1.60	7.92	8.52
	(?)Diluted	1.41	2.35	1.59	7.90	8.50

^ ^

Dabur India Limited

Audited standalone segment wise revenue, results, assets and liabilities for the quarter and year ended 31 March 2025

						(?ins)crore
SI.No	Partilacurs	Qndedrteuar e	Predingrteecquar	Codirresponng	Cuntrreyear	Priouevs year
		(31/03/2025)	deden	ndedtequarr e	deden	deden
			(31//24)1202	(31//24)0302	(31//25)0302	(31//24)0302
		(Ref5)oterne	(Ud) uditena	(Ref5)oterne	(Ad)udite	(Ad)udite
1	Set ruegmeneven
	A.Ce bineonsumer carusss	1,525.74	2,089.86	1,581.40	7,295.00	7,281.46
	B.Fdbusinooess	392.04	319.00	418.83	1,600.54	1,70255.
	C.Othtsersegmen	39.81	34.04	32.39	150.29	123.37
	D.Ullodhetinteotnacar operagrevenue	127.	5.36	6.84	24.88	25.52
	froReationvenuemopers	1,964.71	2,448.26	2,039.46	9,070.71	9,135.60
2	Seultt rgmeness
	CA.businonsumer careess	316.72	549.08	372.65	1,802.99	1,907.85
	B.Fdbusinooess	27.16	23.46	30.52	125.39	171.80
	Othetsr segmen	3.83	5.00	1.69	16.85	11.85
	SubTolta	347.71	577.54	404.86	1,945.23	2,091.50
	Le: Finatsssnce cos	22.84	28.33	23.45	99.58	81.14
	Le: Ullobleditffallableinct ossnacaexpenureneunocome	8.16	13.46	8.29	37.31	43.66
	Profit befionalitendpttaoreexcems ax	316.71	535.75	373.12	1,808.34	1,966.70
	Exionaliteptcems
	Profitbefotarex	316.71	535.75	373.12	1,808.34	1,966.70
	Le: Tssaxexpenses	66.17	117.67	89.97	405.12	457.49
	Nefitfoheiod/yt pr troperear	250.54	418.08	283.15	1,403.22	1,509.21
3	Set aetgmensss
	A.Cbusinonsumer careess	3,230.19	3,253.84	3,084.37	3,230.19	3,084.37
	B.Fdbusinooess	810.36	801.80	686.28	810.36	686.28
	C.Othtsersegmen	60.75	59.73	59.19	60.75	59.19
	D.Ullodtenaca	6,904.17	6,914.21	6,702.97	6,904.17	6,702.97
	Tolta	11,005.47	11,029.58	10,532.81	11,005.47	10,532.81
4	Set liabilitiesgmen
	A.Cbusinonsumer careess	1,591.07	1,605.05	1,443.39	1,591.07	1,443.39
	B.Fdbusinooess	411.99	400.34	314.40	411.99	314.40
	C.Othtsersegmen	31.66	33.20	29.52	31.66	29.52
	D.Ullotednaca	1,547.46	1,826.32	1,830.13	1,547.46	1,830.13
	Total	3,582.18	3,864.91	3,61447.	3,582.18	3,61447.

d&.

^ ^

Additional disclosures as per regulation 52(4) of Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) ...»sl?»4!'^ Regulations, 2015 on standalone financial results for the quarter and year ended 31 March 2025: ^; V T)aSur

					( ?incrores.e	t ratios!xcep
SI.No	[Pticularars	Qndedrteuar e	Predinecg	Codingrrespon	Cnturreyear	Prioevusyear
		(31//25)0302	ndedtequarr e	ndedtequarr e	deden	deden
			(31/12/2024)	(31//24)0302	(31/03/2025)	(31/03/2024)
		(Ref5)oterne	(Uudited) na	(Ref5)oterne	(Audited)	(Audited)
	dideablefeshutst
(a)[O	anngreemprerencearesCapil redioe/debedeiotaptntptnemnreservurerem
(b)	ereserv
(c)	Re(eludiluion/pitale)atservesxcngrevacareserv	7,219.14	6,960.52	6,711.25	7,219.14	6,711.25
	OdiDebutsttanng	378.72	605.58	775.96	378.72	775.96
	[Nbin(iludiities)ntntaton-curreorrowgsncngcurremur
(d)	NoleliabilitiCbinntnt+n-curreasees+urreorrogs+w
	Cntleliabilitieslurrease
(e)	m Sitiiuecuresprem	548.02	547.86	534.39	548.02	534.39
	Nthetwor	7,396.37	7,137.75	6,888.45	7,396.37	6,888.45
(f)	[EO(eitshpitalthitludiquyareca+erequyxcng
	n/)]luatiopital rrevacaeserve
	Debtitytioequra	0.05	0.08	0.11	0.05	0.11
()	(is)[{Nbinludiitientntaton-curreorrowgsncngcurremur
g	NoleliabilitiCbinntnt++n-curreasees+urreorrowgs
	Cleliabiliti} /Talitvlntoturreaseeseau
	Lodebkinpiltet ttangrmoorgcaw	0.39	0.61	1.03	0.39	1.03
	[{NbinNleliabilitintnton-curreorrogs+on-curreaseesw
	(includinitieofbinntatntgcurremursnon-curreorrowgs
(h)	dleliabiliti)}/Clentntetannon-curreaseesurreasssss
	(eofliabilitieludiitientntatcurresxcngcurremursnon
	bindleliabiliti)]ntntcurreorrowgannon-curreasees
	Tol debl atio(i%)tatstototaetsssran	%3.44	%495.	%7.37	%3.44	37% 7.
	[{Nbin(iludiities)ntntaton-curreorrowgsncngcurremur
(i)	CNoleliabilitibinntnt++n-curreasees+urreorrowgs
	C} /leliabilitiTals]ntoteturreaseesass
	Debtvitiosercecoveragera	13.35	17.89	9.24	17.14	18.93
	[Pfitbeffidciatiodtastroorex,nancecos,eprenan
	tisioe/{FinPrincilattsamornexpensancecos+pa
)U	t fNbinndNntrepaymenoron-curreorrogsaonw
	leliabilitie(includinitieofntntatcurreasesgcurremurs
	binndlentntnon-curreorrogsanon-curreasew
	liabilities)}1		22.16	19.22	21.68	27.81
	Invitiotestresercecoveragera	17.63
(k)	[Pfitbeffidciatiodtastroorenancecos,eprenanx,
	tisio/ FJnlattsamornexpenseancecosC	1.28	1.16	1.19	1.28	1.19
(I)	tionturrera/ Cliabilitientetnt
	[Cs]urreasssurre	%0.00	%0.00	%0.01	%0.00	0.01%I
(m)	Baddebtivabltio(i)tont%saccoureceeran
	[Baddeb/Avdeivabl]tstraeragereceesCliabilittio%	0%85.5	5%86.7	2%79.9	0%85.5	79.92%
(n)	(i)nturreyranliabilitie/ Talliabilitie
	[Cs]ntoturresDebttu	132.5	10.01	14.07	13.52	14.07
(0)	orsrnoversalofdus /Aadivablcttr
	[S]eproverageereceesInnttu#	16.37	17.18	13.99	16.37	13.99
()	veoryrnoverofs /offialduAinnisheddsctnt
p	[SeproverageveorygooMidstkintradel
	ocO(in)tingi%peragmarn	7%14.4	4%21.3	0%16.5	2%18.8	20.13%]
	[{Pfitbeffi, dciatiodtastroorex,nancecoeprenan
()q	/Rtisiodher ie}atotamornexpenseanncomevenue
	frotio]moperans
	Nefitgi(in%)t promarn	5%12.7	8%17.0	8%13.8	7%15.4	16.52%
(r)	[Pfitfte/Refrotio]r troaaxvenuemoperans

Based on TTM (Trailing Twelve Months)

^

^

			(?ins)crore
	Partilacurs	Aats	Aats
		/03/312025	/03/312024
		(Audited)	(Audited)
	AASSETS
1	Nontetn-curreasss
	(a) Plandiprtynttrope, paequmen	1,943.71	1,810.01
	(b) Cital wk-inapor-progress	134.66	161.54
	(c) Itmnvesenro	43.40	44.39
	t prtypebl	48.51	23.80
	(d) Iginttsaneasse
	(e) Igiblnddelnttstaneasseuerevopmen	2.22	22.69
	(f)Fincialetanasss
	(i)Ininubsidiariedjointsttstuvemenssanvenre	550.34	550.34
	(ii) Othinsttservemen	4,180.12	4,337.96
	(iii)Loubsiditoansary	25.71	38.56
	(iv)Others	15.20	14.43
	(g) N(n)nttatseton-currexasse		3.99
	(h) Othnteternon-curreasss	131.50	92.73
	Tol ntantts	7,075.37	7,100.44
	on-curreasse
	2Cunttsrreasse
	(a)Inntieveors	1,288.07	1,149.88
	(b) Fincialetanasss
	(i)Itmtsnvesen	1,628.36	1,260.17
	deivabl	600.58	719.21
	(ii) Trarecees
	(iii)Cashndhuivaltsacaseqen	24.16	10.77
	(iv) B(iii)kbalaththabanncesoeranove	108.86	60.34
	(v) Lubsiditooansary	12.85	12.85
	(vi)Others	3.09	3.55
	(c) Othntetercurreasss	264.13	21605.
	Tol ctanttsurreasse	3,930.10	3,432.37
	TOTAL ASSETS	11,005.47	10,532.81
	EQSUITYANDLIABILITIE
1	Equity
	(a) Eityhaitalqusrecap	177.23	177.20
	(b) Othityere	7,246.06	6,738.17
	quTotal e	7,423.29	6,915.37
	ityqu
	Liabilitie2s
	Noliabilitiesntn-curre
	(a) Fincialliabilitieans
	(i)Binorrow	249.42	498.93
	gsliabilitie	72.41	61.35
	(ii) Leases	1.91	59
	(iii)Othfiial liabilitieernancs		5.
	(b)Prisioovns	62.58	60.04
	(c) Defdliabilitie(n)taeterrexs	133.25	100.50
	Tol nliabilitiestanton-curre	519.57	726.41
	3Cliabilitienturres
	(a) Fincialliabilitieans
	Bin	35.38	198.99
	(i)orrowgs	211
	(ii) Lliabilitieeases	.5	16.69
	(iii)Tradblepayaes
	Dutoicrdall entiseemoansmerprs	122.99	163.74
	Duthtoeoers	2,218.98	1,89195.
	(iv) Othfiial liabilitieernancs	246.24	263.37
	(b) Othliabilitientercurres	74.82	74.49
	(c)Pvisiroons	164.15	161.63
	(d) Cliabilitie(n)nttaeturresx	178.54	116.93
	Total cntliabilitieurres	3,062.61	2,891.03
	TOTALEQUITVANDLIABILITIES	11,005.47	10,532.81

		(?ins)crore
Partilacurs	Cnturreyear	Prioevuseary
	deden	deden
	31/03/2025)	(31//24)0302
	(Ad)udite	(Audited)
CASHFLOWFROMOPERATINGACTIVITIESA
Profitbefotarex	1,808.34	1,966.70
foAdjusttsmenr:
Deiationndtisionatprecaamorexpense	250.93	208.86
Lodisl of planndipmt (t)rtyt assonposarope, pequenne	1.27	1.34
Shbadt esearesepaymenxpen	13.22	45.82
Prisifor dispedliabilitiutovones	100.5.13	15.00
fofitPrisiplobeovonr emyeenes	(0)99.58	5.6081.14
Fistsnanceco	05.0	(317.24)1
Inintestrecome	(33)2.57	.01
Unalisedfoignhaloss/(gain)(n)etrereexcngeExdedit ls/imirmf finaialnd-fiialctet oet	2.88	(02).057
pecrospaenncanonnancasssGainfair valtiooffiialinsttset	(28.09)	(39.44)1
(n)onuannancrumenNeainalef finaialdFVTPLetsat	(7)6.95	(18.51)1
t gon soncassmeasureOtinofit befrkingital chandthdjtmtsraorewocesaoerausen	1,779.09	1,954.32
pegprapngWkinpitalchdothedjtmtsorcaansanr ausen:
ggeInntieveors	(138.19)	73.89
Tradivableereces	115.22	(158.17)1
Cudfincial antntetrreannon-curreansss	(1.16)	13.31
Othentdnttsr curreannon-curreasse	(8)4.98	(118.40)1
Tradbleepayas	282.45	240.20
Othedfincial liabilitiesntntr curreannon-currean	(02).6	34.04
Othentliabilitindvisionr curreesapros	(1.1)7	4.47
I Ch flowfrtintivitierkingital chastasomoperagacspowocapnges	1,950.64	2,043.66
Diid(nf refd)cttaetrexespaoun	(327.67)	(3)190.33
flofro(A)Net chtintivitieaswmoperagacs	1,622.97	1,653.33
CASHFLOWFROMINVESTINGACTIVITIESB
Acisitiooflanndalrk-inndiniblt atats	(351.78)	(4)156.55
ipmpitrtyt,qunprope, pequencawo-progress angeassefrofPrdsdallanndt atoceeomosroeen	1.88	0.93
ispipmrtyppe, pquRef ln fbsidit oenoaromsuar	12.85	12.85
paymyf i/ bPuhatmtsk ditsrcseonvesenanepos	(57),403.4	(4,229.13)1
Prdsfralef i/ bk ditstmtsoceeomsonvesenanepos	344.015,	3,617.83
Inteivedt reresec	297.51	316.57
Nehedininingivitie(B)t cstctasusveas	(99.00	(737.50)1
CASHFLOWFROMFINANCINGACTIVITIESc
frofPrdsisuithaitaloceeomsueeqy srecap	0.03	0.03
f n(ins)Ret ontbowicludintatitiepaymenon-currerrongsngcurremur	(249.51]
frPrdsntbowioceeomnon-currerrongs		248.86
Ref cboingt ontpaymenurrerrows	(201.55;	(2)151.47
Prdsfrboingntoceeomcurrerrows	37.94	142.70
Principal pf lliabilitit oaymeneasees	(17.65;	(3)12.13
Intf lliabilitit pt oeresaymeneasees	(86:.7	(5.97)1
Dividdidenpa	(974.78;	(9)165.76
Fiaidstsnancecop	(96.40:	(58.08)121
Nehedinfiingivitie(C)t cctasusnancas	(110.68,5:	(9)1.82
lnce/(de)inshndshivalen(A+B+C)tsreasecreascaacaequ	13.29	(59).9
Caf tshndhuivalentst thebinningheiodacaseqaegoper	10.77	15.35
Imofhainhacttepacngesexcngeras	0.10	1.40
Cashndhuivalehendf theiodntt tacaseqs aeoper	24.16	10.77

Notes:

(a) Ch andh eivalenisef:tsascasqucomprs o
	Aats	Aats
	/03/312025	31/03/2024
Cashndhuivalentacaseqs	24.16	10.77
Balanithbksinhedit antsces wancascrccou
Balanithbksinr dfttsces wanoveraaccoun
Cashndhuivaler Sndalof ChFlonttastatt oacaseqs aspeneemenasws	24.16	10.77

(b) The above Standalone statement of Cash Flows has been prepared under the 'Indirect Method' as set out in lndAS7, 'Statement of Cash Flows'.

^ ^

Notes:

• 1 The audited standalone financial results for the quarter and year ended 31 March 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 07 May 2025. The statutory auditors have expressed an unmodified opinion in the audit report on these standalone financial results.
• 2 Final dividend of ? 5.25 per share (525 % on par value of ? 1 each) for the financial year 2024-25 aggregating ? 930.47 crores has been proposed by the Board of Directors.
• 3 During the quarter, 3,229 equity shares of face value of ^ 1 each have been allotted to the eligible employees on account of exercise of stock options pursuant to the Dabur Employee Stock Option Scheme, 2000.
• 4 The figures of the previous periods/year have been re-grouped/re-classified to render them comparable with the figures of the current period.
• 5 Figures for the quarters ended 31 March 2025 and 31 March 2024 are the balancing figures between audited figures for the full financial year and the reviewed year to date figures upto the third quarter of the respective financial years.

••% ir

^. For and on behalf of Bdtard of Direct lit Burman i. Chairman : 00021963 Pl^e: New Delhi Date: 07 May 2025