Dabur’s Q2 net profit, decision to merge Sesa Care

Dabur India has announced a consolidated net profit of Rs 425-crore for the second quarter of 2024-25 on a revenue of Rs 3,029-crore. The company has announced that it has agreed to merge Sesa Care, subject to regulatory approvals. As part of the transaction, Dabur will acquire 51% of the total paid-up cumulative redeemable preference shares (CRPS) of Sesa from its existing shareholder, True North (a private equity fund), for Rs 12.59-crore at face value.

by Dibyajyoti Sarma