We expect good margins in the animal feed sector. We have invested a lot in R&D for animal feed. It makes the feed lower cost and more efficient. So, the environmental impact is also less and we are very pleased with our efforts in this area. So, even with high commodity prices, we hope to have good margins because of the efficiency of our feeds.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.