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Dabur India Ltd. — Interim / Quarterly Report 2021
Jan 29, 2021
59077_rns_2021-01-29_6d23d4f4-9c94-4656-bc0e-1f3f8410537a.pdf
Interim / Quarterly Report
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Ref:SEC/SE/2020-21 Date: January 29, 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: Unaudited Financial and Seement-wise Results for the Quarter and Nine months ended on December 31. 2020
Dear Sir,
In Compliance with Regulations 30 and 33 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 and nine months ended on December 31, 2020 along with Limited Review Report thereon [Consolidated as well as standalone) issued by Auditors of the Company.
The above results have been duly approved by the Board of Directors of the Company in its meeting held today i.e. January 29, 2021. The Board meeting commenced at 12.00 noon and concluded at •?- ^n p.m.
In terms of Regulation 47 of the Listing Regulations, the extract of consolidated financial results, in the prescribed format, shall be published on January 30, 2021 in all editions of Hindustan Times (English Edition) and Delhi-NCR edition of Hindustan (Hindi daily).
The full format of the standalone and consolidated Financial Results for the quarter and nine months ended on December 31, 2020 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 atwww.dabur.com.
This is for your information and records.
Thanking You,
Yours faithfully,
For Dabur India Limited
^
(^Kiaif) Executive V P (Finance) and Company Secretary
End: as above
Walker Chandiok &Co LLP
Walker Chandiok & Co LLP 21" Floor, DLF Square Jacaranda Marg, DLF Phase I Gurugram-122002 India T+91 1244628099 F+91 1244628001
Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)
To the Board of Directors of Dabur India Limited
-
- We have reviewed the accompanying statement of unaudited consolidated financial results ('the Statement') ofDabur India Limited ('the hlolding Company'), its subsidiaries (the h4olding Company and its subsidiaries together referred to as 'the Group') and its joint venture (refer Annexure 1 for the list of subsidiaries and joint venture included in the Statement) for the quarter ended 31 December 2020 and the consolidated year to date results for the period 01 April 2020 to 31 December 2020, being submitted by the hlolding 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 time.
-
- This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 1 33 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure 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 time. Our responsibility is to express a conclusion on the Statement based on our review.
-
- 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, 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 specified under section 143(10) of the Act, and consequently, 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 SEBt under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), to the extent applicable.

Chartered Accountants
Offices in Bengaluru, Chandigarti, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune
Valker Chandiok & Co LLP is registered ;ith limited liability with identification lumber AAC-2085 and its registered office at L-41 Connaught Circus, New Delhi, 110001, India
Walker Chandiok&^CoLLP
Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Dabur India Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd)
-
- Based on our review conducted and procedures performed as stated in paragraph 3 above and upon consideration of the review report of the other auditor referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement.
-
- We did not review the interim financial results of 24 subsidiaries included in the Statement, whose financial information reflects total revenues of ? 783.49 crores and ? 2,104.99 crores, total net profit after tax of ? 94.40 crores and ? 252.09 crores, total comprehensive income of ? 89.17 crores and ? 198.73 crores, for the quarter and nine-months period ended on 31 December 2020, respectively, as considered in the Statement. These interim financial results 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 amounts and disclosures included in respect of these subsidiaries is based solely on the review report of such other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the report of the other auditor.
-
- The Statement also includes the Group's share of net loss after tax of ? 0.10 crores and ? 0.42 crores, and total comprehensive loss of?0.10croresand ? 0.42 crores for the quarter and nine-month period ended on 31 December 2020 respectively, in respect of a joint venture, based on their interim financial results, which have not been reviewed by their auditors, and have been furnished to us by the Holding Company's management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this joint venture, is based solely on such unreviewed interim financial results. According to the information and explanations given to us by the management, these interim financial results are not material to the Group. Our conclusion is not modified in respect of this matter with respect to our reliance on the financial results certified by the Board of Directors.
For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013
ANUPAM S^LSl^>e<d«^y KUMAR ANUPAM KUMAR Date: 2021,01.29 12:45:18+05'301
Anupam Kumar Partner Membership No. 501531 UDIN: 21501531AAAAAF7978
Place: Gurugram Date: 29 January 2021

Walker Chandiok^CoLLP
Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Dabur India Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd)
Annexure 1
List of subsidiaries and joint venture included in the Statement
Subsidiaries:
H & B Stores Limited, Dermoviva Skin Essentials INC, Dabur International Limited, Naturelle LLC, Dabur Egypt Limited, African Consumer Care Limited, Dabur Nepal Private Limited, Asian Consumer Care Pakistan Private Limited, Asian Consumer Care 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 Tunisia, Dabur Pakistan Private Limited, Dabur Pars, Dabur South Africa (PTY) Limited, D and A Cosmetics Proprietary Limited, Atlanta Body and hlealth Products Proprietary Limited and Excel Investments FZE.
Joint venture:
Forum I Aviation Private Limited.

Dabur India Limited
Statement of unaudited consolidated financial results for the quarter and nine months ended 31 December 2020 ^A.

| (?ins)crore | |||||||
|---|---|---|---|---|---|---|---|
| SI.No | Particulars | Qundedtearr e | Predingartecquer | Codinrrespong | Nithsnemon | Codingrrespon | Priouevs year |
| (31//20)1202 | deden | ndedtequarr e | deden | ninnthemos | deden | ||
| (30/09/2020) | (31/12/2019) | (31//20)1202 | deden | (31/03/)2020 | |||
| (31/12/2019) | |||||||
| (Uudited)na | (Uudited)na | (Ud)uditena | (Ud)uditena | (Ud)uditena | (Audited) | ||
| 1 | Inceom | ||||||
| Ree ftiovenuromoperans | 2,728.84 | 2,516.04 | 2,352.97 | 7,224.86 | 6,838.23 | 703.59 | |
| Other income | 80.93 | 87.59 | 74.46 | 240.31 | 229.52 | 8, | |
| TotalInmeco | 2,809.77 | 03.63 | 2,427.43 | 65.17 | 067.75 | 305.29 | |
| 2 | Expenses | 2,6 | 7,4 | 7, | 9,008.88 | ||
| Coofiald (includingcise d)stterutymas consumeex | 1,165.89 | 1,038.12 | 927.36 | 945.88 | |||
| Purchofstk in tradasesoce | 274.93 | 257.12 | 179.35 | 2, | 2,870.04 | 3,750.66 | |
| Chs in iiesoffinishedodck-inded work-intorsto-traannvenan | 7.0 | 734.33 | 541.03 | 674.62 | |||
| gegos, | (89) | (59.38)1 | 67.74 | (89.05) | (0).43 | (65.04)1 | |
| progressEme befits | |||||||
| ploeyeenexpens | 274.04 | 267.28 | 244.75 | 765.10 | 717.68 | 947.74 | |
| Finstsanceco | 6.86 | 7.49 | 10.49 | 22.18 | 40.98 | 49.54 | |
| Deciationdisatioortpren aamn expense | 57.17 | 59.63 | 54.40 | 173.54 | 161.62 | 220.45 | |
| Other expenses | |||||||
| Adrtisndblicitt aveemenpuy | 282.38 | 202.18 | 203.45 | 630.13 | 549.77 | 649.98 | |
| Others | 244.50 | 241.29 | 23407. | 678.20 | 720.05 | 953.28 | |
| Totalexpenses | 2,218.68 | 2,013.73 | 1,924.94 | 5,860.37 | 5,600.74 | 181.237, | |
| 3 | it/(s)Profit befoshofroflosfrojointntud etiolrearepmvereanxcepna | 591.09 | 589.90 | 502.49 | 1,604.80 | 1,467.01 | 1,827.65 |
| items | |||||||
| Shof(lo)/profit of jointntuaressvere | (0.10) | _(033S | S0.15) | (0).42 | 0.38 | (0.)101 | |
| 4 | Profit befoptialited treexceonmsanax | 590.99 | 589.57 | 502.34 | 1,604.38 | 1,467.39 | 1,827.64 |
| 5 | Exptialiteceonms | 20.00 | 80.00 | 100.00 | |||
| 6 | ofefoPrit btaxre | 590.99 | 589.57 | 482.34 | 1,604.38 | 1,387.39 | 1,727.64 |
| 7 | Tax expense | ||||||
| Cunttaxrre | 99.13 | 105.43 | 85.79 | 283.87 | 242.33 | 465.42 | |
| Defed trreax | (1).64 | 1.28 | (2).32 | 2.85 | (21.261 | (185.70)1 | |
| Nerofit ftheiod/yet porperar | 493.50 | 482.86 | 398.87 | 1,317.66 | 1,166.32 | 1,447.92 | |
| 8 | Otheheiveinr comprenscome | ||||||
| )a | Itethatwill notbeclaified trofit or lomsresso pss | 2.55 | 3.62 | 1.48 | 657. | 4.45 | (28)1.83 |
| Inclatingitethwill nbeclaified trofit oe ttoatotomaxremsresso pr | (0.89) | (1.26) | (0.26) | (2).67 | (0).78 | 10.39 | |
| loss | |||||||
| b) | Itethwill blasified trofit or loatmse recsso pss | 44.33 | (81.16) | 14.07 | 1.70 | 68.14 | 130.29 |
| Inclatingitethwill blasified troflt or loe ttoatomaxremse recsso.pss | (19)1.6 | 8.07 | (1).03 | (12.83) | (5.75) | (8.15)1 | |
| To9 | e f/yetal cehsivincthiodompreneomore perar | 528.40 | 412.13 | 413.13 | 1,311.51 | 1,232.38 | 1,551.62 |
| Nerofit aibublet pttrtato: | |||||||
| Owoftheholdinersngcompany | 492.02 | 481.68 | 397.70 | 1,315.48 | 1,163.79 | 1,444.96 | |
| Nolling itrontetn-conres | _1.48 | 1.18 | 1.17 | 2.18 | 2.53 | 2.96 | |
| Otheheiveintribbleatutator comprenscome: | |||||||
| Owoftheholdinersngcompany | 35.21 | (70.12! | 14.25 | (4.73) | 65.46 | 101.59 | |
| lfinNotrog intetn-conres | (0,31) | (01).6 | 0.01 | (1.42; | 0.60 | 2.11 | |
| 10I P | (Faof? 1)aiduithapitalluech-upeqy srecacevaea | 176.74 | 176.74 | 176.71 | 176.74 | 176.71 | 176.71 |
| 11I | Otheityr equ | 6.429.04 | |||||
| u | Earnish(Faluf?1 eh)(nolised)t angs perareace ve oacnnua | ||||||
| Basic(?) | 2.78 | 2.73 | 2.25 | 7.44 | 6.59 | ||
| Diluted(?) | 2.78 | 2.72 | 2.24 | 7.42 | 6.57 | 8.18 | |
| 8.15 |
^^'^v'

^SIGNED FOR 'DEN.W'^T,'ON Spr> '--' s.-, ^.

| (?ins)crore | |||||||
|---|---|---|---|---|---|---|---|
| SI.No | Particulars | Qundedtearr e | Predingec | Codinrrespong | Nithsnemon | Codinrrespong | Priouevs year |
| (31//20)1202 | ndedtequarr e | tendedquarr e | deden | ninnthsemo | deden | ||
| (30//20)0902 | (31/12/2019) | (31//20)1202 | deden | (31/03/2020) | |||
| (31//29)1201 | |||||||
| (Uudited)na | (Uudited)na | (Uudited)na | (Ud)uditena | (Ud)Iuditena | (Audited) | ||
| 1 | Set ruegmeneven | ||||||
| CoA.businnsumercareess | 2,442.18 | 2,217.16 | 2,061.36 | 6,393.34 | 5,790.64 | 7,381.02 | |
| B.Foodbusiness | 236.45 | 256.85 | 228.87 | 710.59 | 862.32 | 1,081.76 | |
| C.Ril bineetausss | 21.23 | 10.31 | 34.63 | 34.17 | 96.15 | 124.42 | |
| D.Othentsr segme | 23.60 | 24.77 | 21.67 | 70.48 | 69.88 | 90.35 | |
| E.Unallated otheratingocr operevenue | 5.38 | 6.35 | 6.44 | 16.28 | 19.24 | 26.04 | |
| Ree fionratvenuromopes | 2,728.84 | 2,516.04 | 2,352.97 | 7,224.86 | 6,838.23 | 8,703.59 | |
| 2 | Set rultgmeness | ||||||
| A.Cobusinnsumercareess | 597.30 | 588.80 | 500.05 | 1,618.83 | 1,434.47 | 1,801.05 | |
| B.Foodbusiness | 27.26 | 353.7 | 25.28 | 92.82 | 116.26 | 133.90 | |
| C.Retail bineusss | (0.07) | (3)i.06 | (0).15 | (9.00) | 0.35 | (1.90)1 | |
| D.Othentsr segme | 2.21 | 2.09 | 1.78 | 6.38 | 145. | 4.19 | |
| Sub Total | 626.70 | 623.56 | 526.96 | 1,709.03 | 1,556.22 | 1,943.24 | |
| Le: Finatsssnce cos | 6.86 | 7.49 | 10.49 | 22.18 | 40.98 | 49.54 | |
| Le: Ulloblendituff ullobleint ossnacaexperenenacacome | 28.75 | 26.17 | 13.98 | 82.05 | 48.23 | 66.05 | |
| Profit befoshf profit/(loss)frojoidntntureare omverean | 591.09 | 589.90 | 502.49 | 1,604.80 | 1,467.01 | 1,827.65 | |
| ptialiteexceonms | |||||||
| Sh(lo)/pofrofit of jointnturearessve | joi^ | (0).33 | (0).15 | (0.42) | 0.38 | _SO,01) | |
| Profit befoptialitendtareexceonmsax | 590.99 | 589.57 | 502.34 | 1,604.38 | 1,467.39 | 1,827.64 | |
| Exptialiteceonms | 20.00 | 80.00 | 100.00 | ||||
| ofefoPrit btaxre | 590.99 | 589.57 | 482.34 | 1,604.38 | 1,387.39 | 1,727.64 | |
| Le: Tssaxexpenses | 97.49 | 106.71 | 83.47 | 286.72 | 221.07 | 279.72 | |
| Nerofit fthiod/yet pore perar | 493.50 | 482.86 | 398.87 | 1,317.66 | 1,166.32 | 1,447.92 | |
| Set aetsgmenss | |||||||
| CoA.businnsumercareess | 4,420.44 | 4,186.8S | 3,888.89 | 4,420.44 | 3,888.89 | 3,915.51 | |
| B.Foodbusiness | 840.53 | 856.95 | 829.04 | 840.53 | 829.04 | 885.43 | |
| C.Retail bineusss | 108.02 | 116.44 | 136.12 | 108.02 | 136.12 | 140,64 | |
| D.0thtsersegmen | 45.81 | 45.29 | 48.91 | 45.81 | 48.91 | 4S.80 | |
| E.Unalldateoc | 5,264.50 | 5,068.73 | 4,190.34 | 5,264.50 | 4,190.34 | 4.363.63 | |
| Total | 10,679.30 | 10,274.29 | 9,093.30 | 10,679.30 | 9,093.30 | 54.01 | |
| 4 | Set liabilitiesgmen | 9,3 | |||||
| CoA.businnsumercareess | 1,815.13 | 1,562.26 | 1,315.21 | 1,815.13 | 1,315.21 | 58.20 | |
| B.Foodbusiness | 298.16 | 312.69 | 356.54 | 298.16 | 356.54 | 1,2 | |
| C.Ril bineetausss | 102,12 | 108.52 | 110.23 | 102.12 | 110.23 | 372.59 | |
| D.0thtsersegmen | 20.90 | 19.24 | 13.43 | 20.90 | 13.43 | 119.73 | |
| E.Unalldateoc | 1,048.88 | 1,107.49 | 986.50 | 1,048.88 | 986.50 | 16.35 | |
| Total | 3,285.19 | 3,110.20 | 2,781.91 | 3,285.19 | 944.93 | ||
| 2,781.91 | 2,711.80 |
•^" AC. V"
,^^ ,^ .? -^i ^ *
,* a^ys,. c>
Notes :
^
^
- 1 The unaudited consolidated financial results of the Company for the quarter and nine months ended 31 December 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29 January 2021. The statutory auditors have expressed an unmodified review report on these consolidated financial results.
- 2 The Company has appointed Mr. Mukesh Hari Butani as an additional director, in the category of non-executive independent director, w.e.f. 01 January 2021 for a term of five consecutive years, subject to approval of shareholders in the next Annual General Meeting. Mr.Sanjay KumarBhattacharyya has ceased to be a director of the Company w.e.f. 04 November 2020 due to his resiRnation.
- 3 Interim dividend of? 1.75 per share (175 % on par value of? 1 each), for the financial year 2020-21 aggregating to? 309.30 acres has been paid during the quarter ended 31 December 2020.
- 4 During the quarter ended 31 December 2020, long term investments amounting to ? 358.09 crores and ? 106.19 crores have been invested and redeemed respectively.
- 5 The Company has decided to incorporate a wholly-owned subsidiary in India in its board meeting held on 29 January 2021 to manufacture consumer care products, primarily for export, with initial equity capital of ? 1 crore.
- 6 The key standalone financial information of the Company is given below:
| Particulars | Qutendedarr e | Predingec | Codingrrespon | Nithnemons | Codingrrespon | Priouevs year |
|---|---|---|---|---|---|---|
| (31/12/2020) | tendedquarr e | tendedquarr e | deden | ninhsntemo | deden | |
| (30/09/2020) | (31/12/2019) | (31//20)1202 | deden | (31/03/)2020 | ||
| (31//29)1201 | ||||||
| (Uudited)na | (Uudited)na | (Uudited)na | (Uudited)na | (Ud)uditena | (Audited) | |
| Ree ftiovenuromoperans | 2,071.08 | 1,900.90 | 1,748.18 | 5,462.87 | 4,988.65 | 6,309.80 |
| Profit befotaxre | 483.37 | 481.45 | 401.51 | 1,320.55 | 1,099.14 | 1,408.47 |
| Nerofit ftheiod/yet porperar | 399.51 | 392.68 | 330.00 | 1,081.62 | 913.35 | 1,170.35 |
| Otheheiveinmer comprensco | 40.13 | (2)4.21 | 4.61 | 47.21 | 22.59 | 7.50 |
| Totalrehsive ie ftheriod/ycompenncomorpeear | 439.64 | 368.47 | 334.61 | 1,128.83 | 935.94 | 1,1.8577 |
For and on behalf of Board of Directors
^^ c^
Amit Burman Chairman DIN : 00042050
Place: New Delhi Date: 29 January 2021

;p
.»»>
Walker Chandiok & Co LLP 21st Floor, DLF Square Jacaranda Marg, DLF Phase I Gurugram-122 002 India T+91 1244628099 F+91 1244628001
Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)
To the Board of Directors of Dabur India Limited
-
- We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of Dabur India Limited ('the Company') for the quarter ended 31 December 2020 and the year to date results for the period 01 April 2020 to 31 December 2020, 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 time.
-
- The Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('IndAS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure 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 time. Our responsibility is to express a conclusion on the Statement based on our review.
-
- 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, 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 specified under section 143(10) of the Act, and consequently, 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.

Chartered Accountants
Offices in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune
Walker Chandiok & Co LLP is registered with limited liability with identification number AAC-2085 and its registered office at L-41 Connaught Circus, New Delhi, 110001, India
Walker Chandiok&.CoLLP
Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd)
- 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 measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement.
For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013
Digitally signed by ANUPAM KUMAR Date: 2021.01.29 12:47:41+05'30'
Anupam Kumar Partner Membership No. 501531 UDIN: 21501531AAAAAG3692
Place: Gurugram Date: 29 January 2021


| SI.No | Particulars | nded | (?s)incrore | ||||
|---|---|---|---|---|---|---|---|
| Qutearr e1//21202 | Predingec | Codinrrespong | Nithnemons | Codinrrespong | Priouevs year | ||
| (30) | tendedquarr e | ndedtequarr e | deden | nithnemons | deden | ||
| 0//2(309020) | (31//29)1201 | (31/12/2020) | deden | (31/03/2020) | |||
| (31//23)1201 | |||||||
| 1 | Income | (Uudited)na; | (Ud)uditena | (Ud)uditejna | (Uudited)na | (Uudited)na | (Audited) |
| Ree fionatvenuromopers | |||||||
| Other income | 2,071.08 | 1,900.90 | 1,748.18 | 5,462.87 | 4,988.65 | 6,309.80 | |
| Tol intameco | 68,07 | 73.23 | 67.27 | 206.12 | 209.85 | 276.90 | |
| 2 | Exnses | 2,139.15 | 1,974.13 | 1,815.45 | 5,668.99 | 5,198.50 | |
| peCoofrialsedsttemaconsum | 6,586.70 | ||||||
| Purchofk iradstn t | 814.82 | 71657. | 612.70 | 2,061.56 | 1,879.95 | ||
| asesoce | 321.48 | 311.75 | 210.63 | 855.90 | 699.59 | 2,449.37 | |
| Chs in irief finishedodck-inadndtosto-trangenvens ogos,e a | (74.44) | (79.38), | 71.81 | (145.13! | 1.4 | 865.22 | |
| rk-in-woprogress | (13), | (69.89)1 | |||||
| efiEmploe btseyeenexpens | 171.63 | 174.35 | 149.70 | 489.34 | |||
| Finstsanceco | 1.72 | 1.93 | 4.65 | 6.12 | 444.70 | 8.2657 | |
| Deiationndrtisionatprecaamoexpense | 35.86 | 36.05 | 32.65 | 105.99 | 16.63 | 19.27 | |
| Other expenses | 96.75 | 129.93 | |||||
| Adrtisndublicityt aveemenp | 229.33 | 167.54 | 166.27 | ||||
| Others | 155.38 | 162.79 | 14535. | 526.63 | 445.09 | 514.26 | |
| Tol etaxpenses | 1,655.78 | 1,492.68 | 1,393.94 | 448.03 | 448.08 | 591.81 | |
| [ P3 | fitbefotiol itndtaroreexcepnaems ax | 483.37 | 481.45 | 421.51 | 4,348.44 | 4,019.36 | 5,078.23 |
| 4[E | tiol itxcepnaems | 1,320.55 | 1,179.14 | 1,508.47 | |||
| 5 | Profit befe torax | 483.37 | 20.00 | 80.00 | 100.00 | ||
| 6 | Tax expense | 481.45 | 401.51 | 1,320.55 | 1,099.14 | 1,408.47 | |
| Cunttaxrre | 84.86 | ||||||
| Defed trreax | 87.77 | 74.17 | 23935. | 207.81 | 42405. | ||
| 7 | fitfo/Neheiodt pr troperyear | (10),0393.51 | 1.00 | (2.66) | 3.00 | (2).2.02 | (188)7.21 |
| 8 | Otheehsive ir comprenncome | 332.68 | 330.00 | 1,081.62 | 913.35 | 1,170.35 | |
| )a | Itethwill nbedaified tofit or loatotmsressoprss | 2.55 | |||||
| Inclatinitethwill nbeclaified trofite tg tatotomaxreomsresso p | .89 | 3.62 | 1.48 | 7.65 | 4.45 | (29.74)1 | |
| loorss | (0), | (1.26) | (0.26), | (27).6 | (08).7 | 10.39 | |
| )b | Itethwill bredified trofit or loatmseassso pss | ||||||
| ifieofInclatinitethwill bredd tit oe tatomaxreomseasssor | 50.16 | (3)4.64 | 4.42 | 55.06 | 24.67 | 35.00 | |
| g tprloss | (19)1.6 | 8.07 | (1.03) | (12.83) | (55).7 | (8)1.15 | |
| 9ot | alehsivince fthriod/m | ||||||
| [T10IPa | copreneomorepeyear(Ff?)id-ithapitalalu1 eherecaace ve oac | 439.64 | 368.47 | 334.61 | 1,128.83 | 93945. | 1,177.85 |
| upquy s | 176.74 | 176.74 | 176.71 | 176.74 | 176.71 | 176.71 | |
| I11 | Otheityr equ | ||||||
| 12IEa | (Ff ?)(no)inhaalu1chlisedt arngsper sreace ve oeannua | 4,397.52 | |||||
| Basic(?) | 2.26 | 2.22 | |||||
| Diluted(?) | 2.25 | 2.22 | 1.87 | 6.12 | 5.17 | 6.62 | |
| 1.86 | 6.10 | 5.15 | 6.60 |
<^- ^^^''^

SSGNEOFOR iDEMTiFICATlON c»
Dabur India Limited
Unaudited standalone segment wise revenue, results, assets and liabilities for the quarter and nine months ended 31 December 2020 'D^ur
| (T)incrores | |||||||
|---|---|---|---|---|---|---|---|
| SI.No | Particulars | Qutendedarr e | Predingrteecquar | Codinrrespong | Nithnemons | Codingrrespon | Priouevs year |
| (31/12/2020) | deden | ndedtequarr e | deden | ninnthemos | deden | ||
| (30/09/2020) | (31//29)1201 | (31//20)1202 | deden | (31/03/2020) | |||
| (31//29)1201 | |||||||
| (Uudited)na | (Ud)uditena | (Uudited)na | (Uudited)na | (Uudited)na | (Ad)udite | ||
| 1 | Set rgmenevenue | ||||||
| A.Cobusinnsumercareess | 1,828.25 | 1,642.57 | 1,516.22 | 4,733.03 | 4,149.56 | 256.055, | |
| B.Foodbusiness | 214.94 | 229.35 | 205.74 | 647.54 | 68755. | 944.66 | |
| C.Othentsr segme | 23.60 | 24.77 | 21.59 | 70.48 | 69.77 | 90.15 | |
| D.Ullotedheingotratnacar operevenue | 4.29 | 4.21 | 4.63 | 11.82 | 13.64 | 18.94 | |
| Ree fionratvenuromopes | 2,071.08 | 1,900.90 | 1,748.18 | 5,462.87 | 4,988.65 | 6,309.80 | |
| 2 | Seultt rgmeness | ||||||
| A.Cobusinnsumercareess | 486.19 | 47325. | 412.15 | 1,315.17 | 1,143.64 | 1,475.33 | |
| B.Foodbusiness | 22.51 | 29.12 | 24.17 | 791.7 | 90.35 | 107.55 | |
| C.Othentsr segme | 2.21 | 2.09 | 1.79 | 6.38 | 155. | 4.19 | |
| Sub Tlota | 510.91 | 506.53 | 438.11 | 1,401.26 | 1,239.14 | 1,587.07 | |
| Le: Finatsssnce cos | 1.72 | 1.93 | 4.65 | 6.12 | 16.63 | 19.27 | |
| Le: Ulloblendituff ullobleint ossnacaexperenenacacome | 25.82 | 23.15 | 11.95 | 74.59 | 43.37 | 59.33 | |
| Profit befoptialited t^reexceonmsanax | 483.37 | 481.45 | 421.51 | 1,320.55 | 1,179.14 | 1,508.47 | |
| Exptialiteceonms | 20.00 | 80.00 | 100.00 | ||||
| Profit befotaxre | 483.37 | 481.45 | 401.51 | 1,320.55 | 1,099.14 | 1,408.47 | |
| Le: Tssaxexpenses | 83.86 | 88.77 | 71.51 | 238.93 | 18795. | 238.12 | |
| Nerofit ftheriod/yt pr^orpeea | 399.51 | 392.68 | 330.00 | 1,081.62 | 913.35 | 1,170.35 | |
| 3 | Set aetsgmenss | ||||||
| A.Cobusinnsumercareess | 2,347.04 | 2,196.34 | 2,026.94 | 2,347.04 | 2,026.94 | 2,000.39 | |
| B.Foodbusiness | 313.29 | 308.43 | 328.54 | 313.29 | 328.54 | 350.27 | |
| C.Othentsr segme | 33.95 | 33.33 | 36.24 | 33.95 | 36.24 | 36.52 | |
| D.Ullotednaca | 4,615.25 | 4,404.78 | 3,549.49 | 4,61255. | 3,549.49 | 3,712.33 | |
| Total | 7,309.53 | 6,942.88 | 5,941.21 | 7,309.53 | 941.215, | 6,100.11 | |
| 4 | Set liabilitiesgmen | ||||||
| CoA.businnsumercareess | 1,210.78 | 1,019.98 | 815.63 | 1,210.78 | 815.63 | 768.86 | |
| B.Foodbusiness | 160.18 | 146.09 | 223.45 | 160.18 | 223.45 | 212.02 | |
| C.Othentsr segme | 20.90 | 19.24 | 13.43 | 20.90 | 13.43 | 16.35 | |
| D.Ullotednaca | 775.10 | 756.25 | 567.93 | 775.10 | 567.93 | 528.65 | |
| Tolta | 2,166.96 | 1,941.56 | 1,620.44 | 2,166.96 | 1,620.44 | 1,525.88 |
^^- ^^

,SSGNEDFOR s'DENTfFICATiON PURPOSES
Notes :
^^
^
- 1 The unaudited standalone financial results of the Company for the quarter and nine months ended 31 December 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29 January 2021. The statutory auditors have expressed an unmodified review report on these standalone financial results.
- 2 The Company has appointed Mr. Mukesh Hari Butani as an additional director, in the category of non-executive independent director, w.e.f. 01 January 2021 for a term of five consecutive years, subject to approval of shareholders in the next Annual General Meeting. Mr.Sanjay Kumar Bhattacharyya has ceased to be a director of the Company w.e.f. 04 November 2020 due to his resignation.
- 3 Interim dividend of ? 1.75 per share (175 % on par value of ? 1 each), for the financial year 2020-21 aggregating to ? 309.30 crores has been paid during the quarter ended 31 December 2020.
- 4 The Company has decided to incorporate a wholly-owned subsidiary in India in its board meeting held on 29 January 2021 to manufacture consumer care products, primarily for export, with initial equity capital of ? 1 crore.
- 5 During the quarter ended 31 December 2020, long term investments amounting to ? 334.20 crores and ? 106.19 crores have been invested and redeemed respectively.
For and on behalf of Board of Directors
^z- <r
Amit Burman Chairman DIN : 00042050
Place: New Delhi Date: 29 January 2021

SIGNED FOR iDENTlFICATION PURPOSES