Dabur India Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018
Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2018
1. Revenue for the nine months ended 31 December 2018 is not comparable with the previous nine months ended 31 December 2017 because revenue uptill 30 June 2017 is net of VAT but gross of excise duty, however revenue with effect from 01 July 2017 is net of Goods and Service Tax (GST). Similarly, cost of goods sold and expenses are also not comparable.
2. The unaudited standalone financial results of the Company for the quarter and nine months ended 31 December 2018 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 31 January 2019. The statutory auditors have expressed an unmodified review report on these standalone financial results.
3.Interim dividend of Rs.1.25 per share (125% of par value of Rs.1 each) for the financial year 2018-19 aggregating to Rs.266.17 crores (including dividend tax) has been paid during the quarter ended 31 December 2018 .
4. During the quarter, the Company has allotted 26,720 equity shares of face value of Rs.1 each to the eligible employees of the Company on account of exercise of vested stock options pursuant, to Dabur Employee Stock Option Scheme.
5. During the quarter ended 31 December 2018, long term investments amounting to Rs. 110.38 crores have been redeemed.