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Dabur Q2 Results: Dabur India's consolidated net profit fell 17% to Rs 425 crore for the quarter ending September 2024, with revenue dropping 5% to Rs 3,029 crore. The company also announced an interim dividend of Rs 2.75 per share. The shift towards quick commerce impacted traditional sales channels. Dabur remains confident about future growth and recovery in demand.
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The National Living Wage will rise by 77p from 11.44 per hour for workers over the age of 21.
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Swiggy's IPO is set to launch on November 6, with bidding open until November 8. The company has seen declining grey market demand, pricing the IPO between Rs 371-390 per share. The GMP has dropped from Rs 25-30 to Rs 18, suggesting investors are currently willing to pay about Rs 415 for a share.
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