ICICI Securities Ltd | Retail Equity Research Dabur India (DIL) reported 6.1% YoY decline in consolidated net sales to | 1,847.7 crore (I-direct estimate: | 2054.8 crore) in the backdrop of demonetisation. Owing to de-stocking & high promotional spend, the standalone business declined 6.5% (5.0% volume decline). The international business was also under pressure and declined 5.2% largely on account of currency devaluation The consumer care segment declined 11.2% YoY. However, the food...