Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.
Terms reveal that such premature redemption is allowable on dividend reset dates in case there is no agreement on the dividend rate
Always avoid companies that promise assured returns that are too good to be true.
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