Dabur India’s arm incorporates new subsidiary in Sri Lanka

Dabur India’s wholly owned subsidiary Dabur International has incorporated a new wholly owned subsidiary namely- Dabur Lanka in Sri Lanka.

Accordingly, Dabur Lanka has become the company’s step down subsidiary company.

On consolidated basis the group reported a net profit after minority interest at Rs 127.74 crore for the quarter ended June 30, 2011 whereas the same was at Rs 106.79 crore for the quarter ended June 30, 2010, up by 19.62%. Its total income registered growth of 31.83% at Rs 1227.67 crore for the quarter under review whereas the same was at Rs. 931.27 crore for the June quarter of FY11.