Dabur India Ltd. — Interim / Quarterly Report 2021

Nov 3, 2021

Ref: SEC/SE/2021-22 Date: November 3, 2021

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: Publication of Un-Audited Financial Results for the Quarter/Half year ended on 30.09.2021

Dear Sirs,

In compliance of provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to enclose copies each of Hindustan Times (English Daily) and Hindustan (Hindi Daily) both dated 3rd November, 2021 in which un-audited financial results of the company for the quarter/half year ended on 30.09.2021, have been published. The aforesaid results have been approved by the Board of Directors in its meeting held on 02.11.2021.

Submitted for your information and records pl.

Thanking you, Yours faithfully, for DABUR INDIA LIMITED

\OJ.OJ^\ KJAIN)' EVP (FINANCE) & COMPANY SECRETARY

Indian and global energy markets and give a sense of much needed long-term certainty to the investors in the energy domain. The enhanced ambition of 2030 targets make the net-zero announcement even more credible. The PM has stamped India's leadership in the climate discourse. Any ambitious target would have its share of challenges. The biggest near-term challenge is in electricity market design and distribution sector reforms. For the longer term, it would be managing the human resources in the coal sector. Skilled human resources for the new shape of energy markets would be critical. So, challenges galore, but strategic planning would help. Professor Lord Stern of Brentford, Chair of the

gets. Together this might mean India's annual emissions of greenhouse gases could peak by 2030. This demonstrates real leadership, based on a track record of action and ambitious targets, that can deliver on both economic development and climate change, from a country whose emissions per capita are about one-third of the global average. The rich world must respond to Modi's challenge to deliver a strong increase in

A protester outside the venue of COP26 in Glasgow. AFP

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davp 15204/11/0261/2122

HT Correspondent

letters@hindustantimes.com GLASGOW: Prime Minister Narendra Modi and his British counterpart discussed issues pertaining to counter-terrorism and the need to rein in extremist activities by certain fringe separatist outfits, during the "short" bilateral exchange on the margins of the COP26 climate summit here.

Addressing the media after day one of the World Leaders' Summit of the 26th Conference of Parties (COP26) at the United Nations Framework Convention on Climate Change (UNFCCC) on Monday night, foreign secretary

Harsh Vardhan Shringla said, "The meeting was short, but it did allow short exchanges on concerns that both our countries have on increasing radicalism." Shringla was responding to a

question on whether anti-Indian

that organise pro-Khalistani

activities in the United Kingdom was among the issues discussed. "...The extremism that we are seeing in certain fringe groups seems to be speaking out on issues that they have no legitimate right to do so... But none-

theless, it's causing a certain level of disequilibrium and concern in both our countries." "Prime Minister Johnson felt fully that some of these groups need to be reined in and that clearly, steps have to be taken to see how such activity, which

under no means is democratic or constitutional, could be

activities by separatist groups addressed," Shringla added. Modi, Boris vow to rein in extremism P

When asked if the extradition of high-profile fugitives such as Vijay Mallya and Nirav Modi, wanted on charges of fraud and money laundering, was discussed, Shringla said it was not specifically discussed at length. "The issue of extradition is important and the two PMs agreed that the specifics of this

our NSAs who are going to meet

go into detail of consular, secu-

UK-India relationship," he said.

PM (Boris) Johnson felt fully that some of these groups need to be reined in

HARSH SHRINGLA, Foreign secretary

HTC and Agencies letters@hindustantimes.com

GLASGOW: Prime Minister Narendra Modi on Tuesday launched the Green Grids Initiative—One Sun One World One Grid (GGI-OSOWOG), the first international network of global interconnected solar power grids, jointly with his UK coun-

terpart Boris Johnson, at COP26. "One Sun, One World & One Grid will not only reduce storage needs but

also enhance the viability of solar projects. This initiative will not only reduce carbon footprints

and energy cost but also open a new avenue for cooperation between different countries and regions," PM Modi said, while delivering his remarks at the 'Accelerating Clean Technology Innovation and Deployment' event at COP26.

Modi and Johnson on Tuesday also released the One Sun declaration, which stated, "Realising the vision of One Sun One

World One Grid through interconnected green grids can be transformational, enabling all of us to meet the targets of the Paris Agreement to prevent dangerous climate change…these efforts can stimulate green investments

Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science This was a very significant moment for the summit, with PM Modi pledging stronger action on climate change, with five new tar-India's pledge is very significant. This is an unprecedented bold announcement from the PM. This is more ambitious than either the EU and Chinese announcements. For an economy that is expected to grow fast for the next two decades, even peaking in the next 20 years, is not an easy feat.

and create millions of good jobs.

weather. "Solar energy is totally clean and sustainable. Challenge is that this energy is only available during the daytime and is dependent on the weather. 'One Sun, One World & One Grid' is the solution to this problem. Through a worldwide grid, clean

energy can be transmitted to anywhere & anytime," he said. PM Modi reiterated that the idea for the OSOWOG initiative

The declaration has been endorsed by 80 International Solar Alliance (ISA) member countries." Modi said the only challenge with the OSOWOG initiative is that this energy is only available during the daytime and is dependent on the COP26 Glasgow

issue will be discussed between in London on Nov 3. They would rity and other aspects of the threat to everyone," Modi said. Stating that the Small Island Developing States (SIDS) face the biggest threat from climate change, Modi said India's space agency, Isro, will build a special data window for them to provide them timely information about cyclones, coral-reef monitoring, coast-line monitoring

was put forth by him at the First Assembly of the ISA in 2018. Modi expressed hope that a He said, "Indian space agency, Isro, will provide a solar calculator application to the world."

(With agency inputs) etc. through satellite.

'Green Grid' initiatives."

common and strong global grid can be developed through cooperation between countries on this initiative. "I am hopeful that a common and strong global grid can be developed through cooperation between 'One Sun, One World & One Grid' and The GGI-OSOWOG will bring together a global coalition of governments, financial and technical organisations, power system operators and knowledge leaders to accelerate the construction of the new infrastructure needed for a world powered by clean energy, as per the ISA.

'One sun, one world': Modi calls for global solar grid at COP26

PM Narendra Modi with his British counterpart Boris Johnson and Australia's PM Scott Morrison in Glasgow on Tuesday. REUTERS

Press Trust of India letters@hindustantimes.com

GLASGOW: Prime Minister Narendra Modi on Tuesday launched the Initiative for the Resilient Island States (IRIS) for developing infrastructure of small island nations, saying it gives a new hope, a new confidence and satisfaction of doing something for the most vulnerable countries.

The launch was also attended by Australian Prime Minister Scott Morrison and UN Secretary-General Antonio Guterres. "The launch of 'Infrastructure for Resilient Island States'

gives a new hope, a new confidence," Modi said, adding that the initiative gives the satisfaction of doing something for the most vulnerable countries. Modi congratulated the Coa-

lition for Disaster Resilient Infrastructure (CDRI) and said for him CDRI or IRIS is not just about infrastructure but it is part of a very sensitive responsibility of human welfare. "It is the collective responsibility of all of us towards mankind," he said. "It is, in a way, a shared atonement for our sins."

"The last few decades have proved that no one is untouched by the wrath of climate change. Whether they are developed countries or countries rich in natural resources, this is a big

PM: SMALL ISLAND NATIONS MOST VULNERABLE TO CLIMATE CRISIS

Jayashree Nandi

letters@hindustantimes.com NEW DELHI: What does India's announcement of transitioning to net zero emissions by 2070 mean? After all, it isn't easy for an emerging economy with extremely low per capita emissions (and low per capita incomes), to declare its intent to decarbonise, however gradual the process may be.

And what does this deadline mean for when the country's emissions will peak? The timing of when individual country's emissions peak and then decline—especially those of major emitters like the United States and China—is critically important in determining whether the most dangerous climate impacts can be avoided.

And how significant is India's announcement? In the wake of India's announcements — enhancing its non-fossil fuel power capacity to 500 gigawatts (GW) by the end of the decade, up from 450 GW; getting half of its energy from renewable sources by 2030; reducing carbon dioxide emissions per unit of gross domestic product by 45%; and cutting carbon dioxide emissions by 1 billion tonnes from the business-as-usual scenario by 2030 — HT spoke to experts on the ramifications.

Vaibhav Chaturvedi, Fellow, CEEW

Realistically speaking India should peak by 2040-2045. So, there will be a lot of growth in the near term. We are trying to clarify with the government if it's talking about meeting 50% of India's energy requirements from renewable energy by 2030. It's not possible. Then you are referring to all sectors. I think they are referring to 50% installed capacity for electricity from renewable energy. This announcement will shake

international climate finance.

Sandeep Pai, research lead at Center for Strategic and International Studies

India's net zero pledge is bold. For a developing country that has not even carbonised to talk about decarbonisation is ambitious and sets the targets clearly. However, devil will be in the details or in other words what would be the exact plans to achieve this target. In the absence of these plans, this pledge will not mean much. By when India will have to peak to meet the pledge will really depend on the sectoral pathway the country will follow. India's 2030 targets are achievable but not easy. From DISCOM reforms, raising finance for deployment of renewables, managing land issues, to aligning centre-state climate policies will be key to whether India will be able meet its 2030 targets.

Sunita Narain, director general of Centre for

Science and Environment Our analysis shows that India's pledge at Glasgow is achievable. If we just look at Central Electricity Authority's projections, it shows we are on track. India's power requirement in 2030 is projected to be 2518 BU and if we target to meet 50% of requirements from renewables, the installed capacity will have to increase from the planned 450 GW to 700 GW. If we consider hydroelectricity as part of renewables, then we will need to increase new renewable capacity to 630 GW. This is achievable.

Apurba Mitra, Chirag Gajjar and Ulka Kelkar, experts at World Resources Institute

If today's announcement refers to net-zero greenhouse gas emissions, it would be very ambitious and more than India's fair contribution to global efforts to stay within 1.5 degrees Celsius of warming. It would require countering emissions from agriculture and land use, not just emissions from energy and industrial processes.

Experts praise India's 'bold' net zero pledge

details indicated below:
Tender For	Scope of Works	Qtv.	Approx Value	Due date of Opening
	PT/OT/04/AZ "Supply and fixing of acid resistant 01 tiles, Construction of drainage and Job FRP grating work in Work Centre -3, at ALIMCO Kanpur" (on Turnkey Basis)		Rs. 7014371/-	15.11.2021

	S. No. Particulars	Quarter ended (30/09/2021)	Halfyear ended (30/09/2021)	Corresponding quarter ended (30/09/2020)
1	Revenue from operations	2,817.58	5,429.12	2,516.04
2	NetProfit for the period /year (before tax and share of (loss) / profit of jointventure)	661.55	1,229.61	589.90
3	NetProfit for the period /year before tax (after share of (loss) / profit of jointventure)	661.13	1,229.12	589.57
4	NetProfit for the period /year after tax and share of (loss) / profit of jointventure	505.31	943.61	482.86
5	NetProfit for the period /year after tax (after non controlling interest and share of (loss) / profit of jointventure)	504.35	941.68	481.68
6	TotalComprehensive Incomefor the period{comprising profit for the period /year (after tax) and other comprehensive income (after tax) }	532.17	994.69	411.56
7	Paid-up equity sharecapital (Face Value of 1 each)	176.79	176.79	176.74
8	Other equity*
9	Earnings per share (Facevalue of 1 each) (not annualised)
	(a) Basic	2.85	5.33	2.73

(b) Diluted 2.85 5.31 2.72

* Other equity as on 31 March 21 was 7486.79 crores

Notes:

1. Additional information on standalone financial results is as follows:

Particulars	Quarter ended (30/09/2021)	Halfyear ended (30/09/2021)	Corresponding quarter ended (30/09/2020)
Revenue from operations	2,119.89	4,102.73	1,900.90
Profit before tax	534.02	1,001.64	481.45
Profit after tax	395.16	747.55	392.68

2.The aboveis an extract of the detailedformat of unauditedconsolidated financial results for the quarter and halfyear ended 30September, 2021 filed with thestockexchanges under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The full format of the standalone andconsolidated financial results for the quarter and halfyear ended 30September, 2021 areavailable on theStock Exchange websites (www.nseindia.com and www.bseindia.com) andCompany's website (www.dabur.com).

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