Dabur India Ltd. — Interim / Quarterly Report 2019

Jul 19, 2019

Ref: SEC/SE/2019-20 Date: July 19, 2019

Scrip Symbol: NSE- DABUR, BSE Scrip Code: 500096

To, Corporate Relation Department BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001

National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor Plot No. C/l, G Block Bandra - Kurla Complex Bandra (E), Mumbai - 400051

Sub: Unaudited Financial and Seament-wise Results for the Quarter ended on June 30, 2019

In Compliance of Regulation 33 & 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, (hereinafter referred as 'Listing Regulations') we are pleased to submit the Unaudited Financial and Segment wise results of the Company (Consolidated as well as standalone), for the quarter ended June 30, 2019 along with Limited Review Report on the results (Consolidated as well as standalone), issued by Auditors of the Company.

The above-mentioned results have been duly approved by the Board of Directors of the Company in its meeting held today i.e. 19th July, 2019. The Board meeting commenced at 12.00 Noon and concluded at I'^OP^I .

In terms of Regulation 47 of the Listing Regulations, the extract of consolidated financial results, in the prescribed format, shall be published on 20th July, 2019 in all editions of Hindustan Times (English Edition) and Delhi-NCR editions of Hindustan (Hindi daily).

The full format of standalone and consolidated Financial Results for the quarter ended June 30, 2019 shall be available on the websites of the Stock Exchanges where equity shares of the Company are listed i.e. www.nseindia.com and www.bseindia.com and on the Company's website at www.dabur.com.

This is for your information and records.

Thanking You,

Yours faithfully,

For Dabur India Limited

(^(4^^ (AKTafn)^

Executive V P (Finance) and Company Secretary

End: as above

Walker ChandiokScCoLLP

Walker ChandiokS Co LLP (Formerly Walker, Chandiok & Co) L-41 Connaught Circus New Delhi 110001 India

T+91 1142787070 F+91 1142787071

Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of the Coinpany Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requireinents) Regnlations, 2015 (as amended)

To the Board of Directors ofDabur India Limited

• 1. We have reviewed the accompanying statement of unaudited consolidated financial results ('the Statement') of Dabur India Limited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group'), its joint venture (refer Annexure 1 for the list of subsidiaries and joint venture included in the Statement) for the quarter ended 30 June 2019, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to tone.
• 1. This Statement,which is the responsibility of the Holding Company's management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accountmg Standard 34, Interun Financial Reporting ('Ind AS 34'), specified under section 133 of the Companies Act, 2013, SEBI Circular CIR/CPD/FAC/62/2016 dated 5 July 2016 (hereinafter referred to as 'the SEBI Circular'), and other accounting principles generally accepted m India. Our responsibility is to express a conclusion on the Statement based on our review.
• 1. We conducted our review of the Statement la accordance with the Standard on Review Engagements (SRE) 2410, Review oflaterun Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing, and consequendy, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed 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 ObUgations and Disclosure Requirements) Regulations, 2015 (as amended), to the extent applicable.

Chartered Accountants

Walker Chandiok &,Co LLP

Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd)

• 1. Based on our review conducted and procedures perforraed as stated in paragraph 3 above and upon consideration of the review reports of the other auditor, nothing has come to our attention that causes us to beUeve that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in Ind AS 34, specified under Section 133 of the Companies Act, 2013, the SEBI Cucular and other accounting principles generally accepted la India, has not disclosed the inforraatioa reqiiired to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requireraents) Regulations, 2015 (as amended), including the rnanner in which it is to be disclosed, or that it contains any material mlsstatement.
• 1. We did not review the interim financial resiilts of 23 subsidiaries included in the Statement, whose financial information reflects total revenues of ? 766.89 crores, total net profit after tax of ? 106.12 crores, total comprehensive income of ^ 106.35 crores for the quarter ended on 30 June 2019. These interim financial statements have been reviewed by other auditor whose review report has been furnished to us by the management, and our conclusion in so far as it relates to the aaiounts and disclosiires included in respect of these subsidiaries is based solely on the reviev? report of such other auditor and the procedures perforraed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter.
• 1. The Statement also includes the Group's share of net profit after tax of ? 0.32 crores for the quarter ended on 30 June 2019, as considered in the Statement, in respect of a joint venture, based on their interim financial resnlts, whose financial results have not been reviewed by their auditors and have been famished to us by the management. Oiir conclusion on the consolidated &nandal results, and our report in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requurements) Regulations, 2015, read with SEBI Circular, in so far as it relates to the aforesaid joint venture, are based solely on such unreviewed financial mformation. In our conclusion and according to the information and explanations given to us by the management, these interim financial financial results are not material to the Group. Our conclusion is not modified in respect of this matter.

For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013

^ ^V fa^n Kumar ;I Membership No. 501531 ^ UDINNo.t^ ^0\ S 3,1 <f -0 'r T3 *(-1 /5 I 2- 2-o

Place: New Delhi Date: 19 July 2019

Walker Chandiok&CoLLP

Aanexure 1

List of entities included in the Statement

Subsidiaries:

H & B Stores Limited, Deraiovia Skin Essentials INC, Dabiu International Limited, Naturelle LLC, Dabur Egypt Limited, African Consumer Care Limited, Dabur Nepal Private Ltmited, Asian Coasumer Care Pakistan Private Limited, Asian Consumer Care Private Lirai.ted, Hobi Kozmetik, RA Pazarlama, Dabur Lanka Private Limited, Namaste Laboratories LLC, Urban Laboratories International LLC, Hair Rejuvenation & Revitalizadoa Nigeria Limited, Healing Hair Laboratories International ULC, Dabur (UK) limited, Dabur Consumer Care Private Limited, Dabur Tunisie, Dabur Pakistan Private Limited, Dabur Pars, Dabur South Africa (ITY) Limited, D and A Cosmetics Proprietary Limited and Adanta Body and Health Products Proprietary Limited

Tolnt venhire: Forum I Aviation Private Limited

Dabur India Limited Statement of unaudited consolidated financial results for the quarter ended 30 June 2019 ^^

					(^ in s) c ro re
>I .N o	Pa rti la cu rs	Q nd ed rte ua r e	di rte re ce ng q ua r	Co di rre sp on ng	Pr io ev us y ea r
		(3 0/ /2 9) 06 01	de d en	te nd ed qu ar r e	de d en
			1/ /2 (3 03 01 9)	(3 0/ 06 /2 01 8)	(3 1/ 03 /2 01 9)
		(U ud ite d ) na	(R ef N 3) ot er e	(U ud ite d ) na	(A ud ite d)
1	In co m e
	fro Re at io ve nu e m op er ns	2, 27 3. 29	2, 12 8. 19	2, 08 0. 68	8, 53 3. 05
	O th in er co m e	73 .2 8	66 .0 6	73 .6 5	29 6. 17
	To ta l in co m e	2, 34 6. 57	2, 19 4. 25	2, 15 4. 33	8, 82 9. 22
2	Ex pe ns es
	Co of (i ) st at ial ed lud ing ise d uty m er s co ns um nc e xc	97 3. 67	90 3. 20	82 6. 62	3, 49 3. 41
	Pu ha f s ck in ad to tr rc se s o e	17 0. 39	20 1. 97	19 0. 09	80 2. 98
	Ch in inv rie f f ini sh ed ds ck -in ad d rk -in to to -tr an ge s en s o g oo , s e an wo	3. 65	(3 84 ) 5.	31 .8 7	12 .64 1
	pr og re ss
	Em plo be fit e ye e ne s ex pe ns	23 1. 39	24 1. 88	22 4. 12	93 91 7.
	Fi sts na nc e co	15 .2 5	12 .4 0	14 .8 8	59 .5 8
	De iat io d tis io at e pr ec n an am or n ex pe ns	52 .7 5	46 .2 2	42 .7 3	17 6. 90
	Ot he r e xp en se s
	Ad rti nd ub lic ity t a ve se m en p	20 2. 12	97 .7 7	19 8. 99	60 8. 33
	O th er s	23 4. 43	26 1. 99	22 2. 87	93 8. 22
	To l e ta xp en se s	1, 88 3. 65	1, 72 9. 59	1, 75 2. 17	7, 02 9. 97
3	Pr of it be fo ha f p fit /(l s) fr jo int nd tio l tu re s re o ro os om v en re a e xc ep na	46 2. 92	46 4. 66	40 2. 16	1, 79 9. 25
	ite m s
	Sh of fit / (lo ) o f j oi nt tu re ar e p ro ss v en	0. 32	(0 .0 5	0. 22	0 .9 6
4	Pr of it be fo tio l it d ta re e xc ep na em s an x	46 3. 24	46 4. 61	40 2. 38	1, 80 0. 21
5	Ex io l it (re fe 5) pt ot ce na em s r n e	20 .0 0	75 .3 4		.3 4 75
6	Pr of it be fo ta re x	44 3. 24	38 9. 27	40 2. 38	1, 72 4. 87
7	Ta ex pe ns e x
	C nt ta ur re x	86 .7 2	14 5. 07	72 .9 8	40 6. 99
	De fe d ta rre x	(7 .2 9:	(1 27 .2 9'	(0 .6 0:	(1 28 .3 7)
	Ne fit fo he io d/ t p r t ro p er ye ar	36 3. 81	37 1. 49	33 0. 00	1, 44 6. 25
	O th eh siv in e er c om pr en e co m
) a	Ite ha ill t b cla ifie d fit r l s t t w to m no e re ss p ro o os s	0 .2 6	4. 17	(0 9) .1	1. 89
	In lat ing it ha ill t b cla ifie d fit lo ta to s t t w to co m e x re em no e re ss p ro or ss	(0 .0 6)	(0 1) .7	0. 04 ]	(0 .2 2)
) b	Ite ha ill be cla sif ied fit r l s t t w to m re ss p ro o os s	15 .1	6 (1 8) .4	(1 ) 5. 35	il o .o
	In lat ing it ha ill be cla sif ied fit lo ta to s t t w to co m e x re em re ss p ro or ss	(3 .4 8)	(1 .2 1)	7. 94	1. 21
T 9	al eh siv in fo he io d/ ot r t c om en e co m e er ar	37 5. 69	37 2. 26	32 2. 44	1, 44 9. 14
	pr p ye
	Ne fit ib ab le t p ttr ut to ro a :
	Ow of th ho ld ing ne rs e c om pa ny	36 3. 12	37 0. 43	32 9. 22	1, 44 2. 33
	No llin int nt t n- co ro g er es	0. 69	1. 06	0. 78	3 .9 2
	O th eh siv in at tri bu ta bl to er c om pr en e co m e e :
	Ow of th ho ld ing ne rs e c om pa ny	11 .&	1. 0:	(8 .5 6	1. 97
	No nt llin int t n- co ro g er es	0. 0:	(0 .3 1	1. 0(	0. 92
10 IP	(F of ? ) ai d- uit sh pi l lu 1 ch ta up eq y ar e ca ac e va e ea	17 6. 71	17 6. 63	17 6. 63	17 6. 63
1 1	O th ity er e qu				5, 45 5. 05
12	(F ) ( ) Ea ing ha lue f? I ch lis ed t a rn s pe r s re ac e va o ea no nn ua
	(? ) Ba sic	2. 06	2. 10	1. 87	8 .1 7
	Di lu d (? ) te	2. 05	2. 09	1. 86	8 .1 4

SIGNED FOR IDENTIFICATION PURPOSES

S I.N Q Pr ed in C di Pa rti la rte nd ed Pr io o cu rs ua r e ec g or re sp on ng ev us y ea r (3 0/ 06 /2 01 9) nd ed te nd ed de d te qu ar r e qu ar r e en (3 1/ /2 9) (3 0/ /2 8) 03 01 06 01 (3 1/ /2 9) 03 01 (U ud ite d ) (R ef N 3 ) (U ud ite d ) ot (A ud ite d ) na er e na 1 Se t r ue gm en ev en A. C bu sin 1, 84 4. 60 1, 78 8. 56 1, 65 6. 08 7, 13 2. 86 on su m er c ar e es s 36 6. 32 B. F d bu si 27 9. 07 36 3. 51 1, 15 8. 61 oo ne ss C . R ai l b in 32 .3 1 31 .4 6 30 .3 6 et 12 4. 39 us es s 23 .6 5 2 1. 43 22 .9 5 . O 89 .2 8 D th ts er s eg m en 6. 4 1 E. U llo d he tin 7. 67 7. 78 te ot 27 .9 1 na ca r o pe ra g re ve nu e 2, 27 3. 29 Re fro tio 2, 12 8. 19 2, 08 0. 68 8, 53 3. 05 ve nu e m o pe ra ns 2 Se t r ul ts gm en es A . C bu si 43 3. 65 45 2. 03 37 8. 91 1, 74 8. on su m er c ar e ne ss B. F d bu si 54 .4 0 45 .3 8 51 .9 4 17 5. oo ne ss 0 .6 6 C . R ai l b ine 0 .9 2 1. 25 et 4 .1 us ss . O 1. 68 1. 35 D th 1. 95 ts 7 .3 er s eg m en S ub T al 43 4. 05 ot 49 0. 39 49 9. 68 1, 93 5. 11 15 .2 5 12 .4 0 14 .8 8 Le : F ina 59 .5 st ss nc e co s Le : U llo bl nd itu ff al lo bl in 12 .2 2 et 22 .6 2 17 .0 1 76 .2 ss na ca e ex pe re n o un ca e co m e Pr of it be fo ha f p tit /( lo ) f jo in nd 46 2. 92 46 4. 66 40 2. 16 t v tu 1, 79 9. 25 re s re o ro ss ro m en re a io l it pt ex ce na em s Sh of fit / (lo ) o f jo in 0. 32 (0 .0 5) 0. 22 t v tu 0. 96 re ar e p ro ss en Pr of it be fo tio l it d 46 3. 24 ta 46 4. 61 40 2. 38 1, 80 0. 21 re e xc ep na em s an x 20 .0 0 Ex io l it (re fe 5) .3 4 pt ot 75 .3 75 ce na em s r n e 44 3. 24 38 9. 27 40 2. 38 Pr of it be fo ta 1, 72 4. re x 79 .4 3 17 8 72 .3 8 .7 27 8. 62 Le : T ss ax e xp en se s fit fo d/ 36 3. 81 N he io 37 1. 49 33 0. 00 et r t 1, 44 6. p ro p er ye ar 3 Se t a et gm en ss s C A. bu si 3, 61 9. 63 3, 40 5. 99 3, 28 9. 00 3, 40 5. on su m er c ar e ne ss B. F d bu si 86 4. 59 84 7. 07 79 4. 76 84 7. oo ne ss 12 0. 62 C . R ai l b ine 63 .2 3 56 .6 0 et 63 .2 us ss D th 46 .3 4 47 .3 9 .0 ts 43 .4 2 47 .3 er s eg m en E. U llo d 4, 51 1. 44 4, 07 2. 96 te 4, 91 7. 89 4, 07 2. na ca T al ot 9, 16 2. 62 8, 43 6. 64 9, 10 1. 67 8, 43 6. 4 Se t l ia bi lit ie gm en s C 1, 39 1. 27 1, 16 5. 02 A. bu sin 1, 03 6. 12 1, 16 5. on su m er c ar e es s B. F d bu si 49 9. 84 45 3. 85 47 1. 68 45 3. oo ne ss C 90 .4 2 . R et ai l b ine 32 .0 0 26 .9 6 32 .0 us ss 15 .6 2 D .0 th 14 .1 4 14 1 ts .7 14 .1 er s eg m en E. U llo d 1, 11 7. 12 1, 10 8. 57 te 1, 47 6. 30 1, 10 8. na ca T l ot 3, 11 4. 27 2, 77 3. 58 3, 02 5. 77 2, 77 3. a			(? in s) c ro re
			20
			49
			2
			0
			8
			8
			4
			87
			25
			99
			07
			3
			9
			96
			64
			02
			85
			0
			4
			57
			58

-^ 0^>

Ot\f'^0/ ^ ^ ^ '^ * ^ -D % 7-fi ^ACCO.^-'

SIGNED F0l\ IDENTIFICATiOM PURPOSES

Notes:

• 1 The unaudited consolidated financial results of the Company for the quarter ended 30 June 2019 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 19 July 2019. The statutory auditors have expressed an unmodified review report on these consolidated financial results.
• 2 During the quarter, the Company has alloted 764,531 equity shares of face value of ? 1 each to the eligible employees of the Company on account of exercise of vested stock options pursuant to the Dabur Employee Stock Option Scheme.
• 3 Figures for the quarter ended 31 March 2019 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 financial year.
• 4 The Group has adopted Ind AS 116 "Leases" effective 1 April 2019, as notified by the Ministry of Corporate Affairs(MCA) in the Companies (Indian Accounting Standard) Amendment Rules, 2019, using modified retrospective method. The adoption of this standard did not have any material impact on the profit of the current quarter.
• 5 The exceptional item for the current quarter represents provision for impairment in the value of treasury investment due to rating downgrade.
• 6 During the quarter ended 30 June 2019, long term investments amounting to ? 25.73 crores and ? 90.85 crores have been invested and redeemed respectively.
• 7 The key standalone financial information of the Company is given below:

Pa rtic ula rs	Qu te nd ed ar r e (3 0/ 06 /2 01 9)	Pr ed ing rte ec q ua r de d ( /0 3/2 9) 31 01 en	Co din rre sp on g nd ed te qu ar r e (3 0/ 06 /2 01 8)	Pr iou nd ed ev s y ea r e 1/0 3/ (3 20 19 )
	(U ud ite dL na	(R efe r N ) ote 3	(U ud ite d) na	(A ud ite d)
Re e f tio ve nu rom op era ns	1,6 28 .27	1,5 98 .43	1,4 73 .10	6,2 73 .19
Pr ofi t b efo tax re	32 6.3 3	42 1.8 4	29 3. 20	1,5 03 .35
Ne rof it f the iod /ye t p or p er ar	25 7. 81	41 4. 33	23 0. 56	1,2 64 .29
Ot he he ive in r c om pre ns co me	11 .65	6. 58	(2 9) 6,2	(3 7) .1
d/y To tal reh siv e i e f the rio co mp en nc om or pe ea r	26 9.4 6	42 0. 91	20 4. 27	1,2 61 .12

-^

v

CL_ic.L-^2

For and on behalf of Board of Directors

Dr. Anand C. Burman Chairman DIN : 00056216

Place: New Delhi Date: 19 July 2019

SIGNED FOR IDENTIFICATiOM PURPOSES

Walker ChandiokScCoLLP

Walker Chandiok & Co LLP (Formerly Walker, Chandiok & Co) L-41 Connaught Circus New Delhi 110001 India

T+91 1142787070 F+91 1142787071

Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results of the Conipany Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requitements) Regulations, 2015 (as amended)

To the Board of Directors of Dabur India Limited

Offices in Bengaluru, Chandigarh Chennai, Gurgaon, Hyderabad, Kolkata, Mumbai, New Delhi, Noida and Pane

• 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of Dabur India Lirmted ('the Company') for the quarter ended 30 June 2019, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to tune. The Statement is the responsibility of the Company's Management and has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review of the Statement, which has been prepared la accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim. Financial Reporting ('IndAS 34'), specified under Section 133 of the Companies Act, 2013, SEBI Circular CIR/CFD/PAC/62/2016 dated 5 July 2016 (hereinafter referred to as 'the SEBI Circular'), and other accounting principles generally accepted in India.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, prunaaly of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing, and consequendy, does not enable us to obtam assurance that we would become aware of aU significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Walker Chandiok&CoLLP

Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results of the Coxnpany Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requireinents) Regulations, 2015 (as amended) (Cont'd)

1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and rneasurement principles laid down in lad AS 34, specified under Section 133 of the Companies Act, 2013, the SEBI Circular, and other accounting principles generally accepted in India, has not disclosed the informatioa required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligadons and Disclosure Requicemeats) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material ausstateraent.

For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013

Place: New Delhi Date: 19 July 2019

					(? in s) c ro re
S I.N o	Pa rti la cu rs	Q rte nd ed ua r e	di rte re ce ng q ua r	C di or re sp on ng	Pr io ev us y ea r
		(3 0/ 06 /2 0 19 )	de d en	nd ed te qu ar r e	de d en
			(3 1/ /2 ) 03 0 19	(3 0/ 06 /2 0 18 )	(3 1/ /2 ) 03 0 19
		(U ) ud ite d na	(R ef N 3) ot er e	(U d) ud ite na	(A ud ite d )!
1	in co m e
	fro Re tio ve nu e m o pe ra ns	1, 62 8. 27	1, 59 8. 43	1, 47 3. 10	6, 27 3. 19
	O th in er co m e	67 .4 6	63 .0 5	6 8 .6 1	27 4 .7 4
	To l i ta nc om e	1, 69 5. 73	1, 66 1. 48	1, 54 1. 7 1	6, 54 7. 93
2	Ex pe ns es
	C f m ia ls ed t o at os er co ns um	64 4 .5 5	56 8 .1 0	53 9 .1 1	2 ,2 62 .5 1
	of Pu ha to ck in tr ad e rc se s s	22 4 .8 2	27 0 .1 9	23 1. 28	98 4 .9 1
	C ha in in ie of fi ni sh ed ds ck -in ad d nt to -tr ng es ve or s g oo , s e an	(1 ) 8. 37	(1 78 ) 7.	12 .1 0	10 .0 9
	k- in w or -p ro gr es s
	Em pl b ef its se oy ee en e xp en	14 4 .1 1	14 3 .2 1	13 7 .9 7	57 2 .3 3
	Fi st na nc e co s	6 .1 5	6 .3 1	.8 5 5	29 .8 0
	De ia tio d tis io at e pr ec n an am or n ex pe ns	3 1. 2 7	2 8 .6 4	2 6 .0 4	10 8 .8 3
	O th er e xp en se s
	A dv tis nd ub lic it t a er em en p y	16 6 0 .7	76 .9 1	15 .6 4 5	49 0 .7 5
	O th er s	15 0 .1 7	16 4 .0 6	14 0 .5 2	58 .3 6 5
	To l e ta xp en se s	1, 34 9. 40	1, 23 9. 64	1 ,2 48 1 .5	5 ,0 44 .5 8
P 3	fit b ef io l i d pt te ta ro or e ex ce na m s an x	34 6. 33	42 1. 84	29 3 .2 0	1, 50 3. 35
[E 4	tio l i (re fe ) te ot 5 xc ep na m s r n e	20 .0 0
5	fit ef P b ta ro or e x	32 6. 33	42 1. 84	29 3 .2 0	1, 50 3 .3 5
6	Ta x ex pe ns e
	C nt ta ur re x	76 .0 1	13 4 .6 3	6 3 4 .7	36 9 .2 8
7	D ef d ta er re x	(7 ) .4 9	(1 27 .1 2)	(1 ) .1 0	(1 2) 30 .2 1
8	d/ N fit fo he io et r t p ro p er ye ar	25 7. 8 1	4 14 .3 3	23 0 .5 6	1, 26 4 .2 9
) a	O th eh si in e er c om pr en ve co m Ite th ill t b cl si fie d fit r l
	at to m s w no e re as p ro o os s In la tin it th ill t b cl si fie d fit ta to at to	0 .2 6	3 .3 2	(0 ) .1 9	1. 04 1
	co m e x re g em s w no e re as p ro lo or ss	(0 .0 6;	(0 1) .7	0 .0 4	(0 )1 .2 2
) b	Ite th ill be cl ifi ed fit r l at to m s w re as ss ro o os s	14 .9 3	.1 8
	p In la tin it th ill be cl ifie d fit ta to at to co m e x re em s w re as ss ro o r	(3 .4 8	5 .2	(3 8) 4 .0	(5 )1 .2 0
	g p lo ss		(1 1)	7 .9 4	1. 2 1
T 9	al eh si in fo he io d/ ot r t c om pr en ve co m e p er ye ar	26 9. 46	42 0. 91	20 4 .2 7
10 (	Pa id ui sh pi l (F lu of ? 1 ch ) t ta -u p eq y ar e ca ac e va e ea	17 6. 71	17 6. 63	17 6. 63	1, 26 1. 12 17 6. 63
11 I	O th it er e qu y				79 2 .1 9
[E 12	ni ha ( Fa al f? h ) (n lis ed ) 1 ot ar ng s pe r s re ce v ue o e ac a nn ua				3,
	(? ) Ba si c	1. 46	2 .3 5	1. 3 1	.1 6 7
	D ilu d (? ) te	1. 45	2 .3 4	1. 30	7 .1 3

^ ^

SIGNED FOR IDENTIFICATION PURPOSES

Dabur India Limited

Unaudited standalone segment wise revenue, results, assets and liabilities for the quarter ended 30 June 2019 &

S I.N o	Pa rti la cu rs	Q nd ed rte ua r e	ed in te pr ec g qu ar r	C di or re sp on ng	Pr io ev us y ea r
		(3 0/ /2 9) 06 01	de d en	te nd ed qu ar r e	de d en
			(3 1/ /2 9) 03 01	(3 0/ O G /2 8) 01	(3 1/ /2 9) 03 01
		(U ud ite d ) na	(R ef N ) ot 3 er e	(U ud ite d ) na	(A ud ite d )
1	Se t r gm en ev en ue
	A. C bu si on su m er c ar e ne ss	1, 28 9. 46	1, 33 2. 82	1, 13 8. 38	5, 15 7. 60
	B. F d bu si oo ne ss	31 0. 72	23 8. 60	30 6. 45	1, 00 6. 25
	C . O th ts er s eg m en	23 .6 5	21 .4 3	22 .9 5	89 .2 8
	D . U llo d he tin te ot na ca r o pe ra g re ve nu e	4 .4 4	58 5.	32 5.	20 .0 6
	fro Re tio ve nu e m o pe ra ns	1, 62 8. 27	1, 59 8. 43	1, 47 3. 10	6, 27 3. 19
2	Se ul t r ts gm en es
	A. C bu sin on su m er c ar e es s	32 5 .2 6	41 7. 30	28 2. 51	1, 47 1. 21
	B. F d bu si oo ne ss	36 .3 9	30 .7 2	29 .3 6	12 2. 84
	O th ts er s eg m en	1. 6 8	1. 35	1. 95	7. 30
	S ub T al ot	36 3 .3	3 44 9. 37	31 3. 82	1, 60 1. 35
	Le : F ina st ss nc e co s	6 .1 5	6. 3 1	5. 85	29 .8 0
	Le : U llo bl nd itu ff al lo bl in et e ss na ca e ex pe re n o un ca e co m	10 .8	5 21 .2 2	14 .7 7	68 .2 0
	Pr of it be fo tio l it d ta re e xc ep na em s an x	34 6. 33	42 1. 84	29 3. 20	1, 50 3. 35
	(re fe 5) Ex pt io l it ot ce na em s r n e	20 .0 0
	Pr of it be fo ta re x	32 6. 33	42 1. 84	29 3. 20	1, 50 3. 35
	Le : T ss ax e xp en se s	68 .5 2	7. 5 1	62 .6 4	23 9. 06
	N fit fo he io d/ et r t p ro p er ye ar	25 7. 81	41 4. 33	23 0. 56	1, 26 4. 29
3	Se t a et gm en ss s
	A. C bu si on su m er c ar e ne ss	1, 83 0. 71	1, 80 2. 55	1, 62 5. 97	1, 80 2. 55
	B. F d bu si oo ne ss	32 4. 18	31 9. 39	29 1. 87	31 9. 39
	C . O th ts er s eg m en	33 .7 3	35 .1 0	31 .8 7	35 .1 0
	D . U llo d te na ca	3, 81 8. 58	3, 42 1. 74	4, 18 6. 73	3, 42 1. 74
	T al ot	6, 00 7. 20	5, 57 8. 78	6, 13 6. 44	5, 57 8. 78
4	Se t l ia bi lit ie gm en s
	. C A bu si on su m er c ar e ne ss	87 3. 47	81 1. 92	74 0. 96	81 1. 92
	B. F d bu si oo ne ss	31 4. 15	26 7. 11	30 3. 49	26 7. 11
	C . O th ts er s eg m en	15 .6 2	14 .1 4	14 .7 1	14 .1 4
	D . U llo te d na ca	55 6. 06	51 6. 79	62 5. 73	51 6. 79
	T al ot	1, 75 9. 30	1, 60 9. 96	1, 68 4. 89	1, 60 9. 96

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SIGNED FOR IDENTIFICATION PURPOSES

Notes:

• 1 The unaudited standalone financial results of the Company for the quarter ended 30 June 2019 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 19 July 2019. The statutory auditors have expressed an unmodified revie\Af report on these standalone financial results.
• 2 During the quarter, the Company has alloted 764,531 equity shares of face value of ? 1 each to the eligible employees of the Company on account of exercise of vested stock options pursuant to the Dabur Employee Stock Option Scheme.
• 3 Figures for the quarter ended 31 March 2019 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 financial year.
• 4 The Company has adopted Ind AS 116 "Leases" effective 1 April 2019, as notified by the Ministry of Corporate Affairs (MCA) in the Companies (Indian Accounting Standard) Amendment Rules, 2019, using modified retrospective method. The adoption of this standard did not have any material impact on the profit of the current quarter.
• 5 The exceptional item for the current quarter represents provision for impairment in the value of treasury investment due to rating downgrade.
• 6 During the quarter ended 30 June 2019, long term investments amounting to ? 25.73 crores and ? 90.85 crores have been invested and redeemed respectively.

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For and on behalf of Board of Directors

c.L^j2

Dr. Anand C. Burman Chairman DIN : 00056216

SIGNED FOR IDENTIFICATION PURPOSES

Place: New Delhi Date: 19 July 2019