Herjit Bhalla Joins Dabur As India Business CEO
Bhalla will report to Mohit Malhotra, Whole-time Director and Global Chief Executive Officer of the company
Bhalla will report to Mohit Malhotra, Whole-time Director and Global Chief Executive Officer of the company
However, the company has been asked to remove a reference to a phrase where it says that chyawanprash by the competing companies was ‘made with 40 herbs’
The company has slashed the prices of products across brands including the Dabur Vatika, Chyawanprakash, Real Fruit Juice, Hajmola
Sharing a quarterly update in a regulatory filing, its consolidated revenue is expected to grow in low-single digits
The issue stems from an advertisement featuring Ramdev, where he questioned the authenticity of other chyawanprash products being sold in the market
The company reported a marginal uptick in its revenue from operations, which rose to Rs 2,830.14 crore in the recently concluded quarter on a consolidated basis
The Delhi High Court has instructed Dabur India to present scientific evidence backing its recent advertising claims that fluoride in toothpaste could lead to adverse health effects
The company expects the Q4 operating profit margin (OPM) to contract by around 150 to 175 bps on a year-on-year (YoY) basis
The company states that while general trade was still under pressure, alternative channels like modern trade, ecommerce and quick commerce continued to post strong growth