Q1 RESULTS: ZOMATO, DABUR AND ITC
Zomato reported an increase in net profit by 45% reaching ₹253 Cr. and a revenue rise by 18% reaching ₹4,206 Cr., Dabar reported a jump of net profit by 8% to ₹500 Cr. and revenue by 7% reaching ₹3,349 Cr, and ITC reported an increase in revenue by 7.4% reaching ₹17,000 Cr. for the quarter ending June 2024.
Topics Covered
- About Zomato:
- About Dabur:
- About ITC:
- Conclusion:
About Zomato:
In 2008, the food giant Zomato was set up by Deepinder Goyal and Pankaj Chaddah. This technology platform has connected customers, restaurants, and delivery partners to meet their basic needs. Zomato offers various marketing tools to restaurant partners to help them attract and engage customers, allowing their business to grow. They provide reliable and efficient delivery services to last-mile needs.
A service called Hyperpure is run by Zomato and is a one-stop shop for high-quality ingredients and kitchen products for restaurant partners. They also provide delivery partners with flexible earning opportunities.
Shares of Zomato:
Zomato has achieved a market capitalization of ₹2,32,547 crore, with a price-to-earnings (P/E) ratio of 387.
About Dabur:
A 139-year-old Ayurvedic company founded by the Burman Family in 1884 with a motto of making Ayurvedic Medicines. Dabur is the leading company in India and the most trusted being the world’s largest Ayurvedic and Natural health care company offering various herbal products.
In healthcare, Dabur offers Chyawanprash, Honey, Pudin Hara, etc. In personal care, it offers Amla hair oil, Dabur red paste, and many more items. In the Food and beverages category, they offer Real juices. It is interesting to know that Dabur is a parent company to the ‘Real’ brand, and internationally Vatika is their key brand, offering products related to haircare.
Dabur products are available globally and can be found in over 120 countries. It is a popular brand in the Middle East, Africa, Europe, the US, and Russia.
Shares of Dabur:
Dabur has achieved a market capitalization of ₹1,09,936 crore, with a price-to-earnings (P/E) ratio of 59. Promoters maintain a significant stake, holding over 60% of the total shareholdings.
About ITC:
ITC was founded in 1910 with the name Imperial Tobacco Company of India Limited, headquartered in Kolkata. Today, it is known as ITC Limited. ITC is a massive company holding onto various businesses. ITC Ltd. offers customers a wide range of products like food, education & stationery products, personal care products, cigarettes and cigars, incense sticks, etc. ITC is also involved in working with hotels, agriculture, packaging, IT Cell, etc.
ITC’s vision is to maintain its position in India as the most valuable company through its performance globally and contribute to India’s economy with a mission of enhancing the wealth-generating capability of the company and providing outstanding values to its stakeholders.
Shares of ITC:
ITC has achieved a market capitalization of ₹6,18,146 crore, with a price-to-earnings (P/E) ratio of 30.
Conclusion:
Each of these companies has exhibited robust financial performances in Q1, with each of them attaining a remarkable increase in profits and revenues. Zomato continues to grow as a lead player in the food delivery sector, Dabur maintains its leadership in Ayurvedic products, and ITC excels in diverse sectors, reinforcing its status as a leading conglomerate in India.