The company had posted net profit of Rs 287.5 crore during the same period of the previous fiscal, 2014-15.
Net sales of the company rose to Rs 2,092.1 crore for the second quarter, 2015-16, up 8.7 per cent, as compared to Rs 1,924.1 crore in the year-ago period, Dabur Ltd said in a statement.
"In a low growth and challenging business environment where growth rates in most consumer products segments remained under pressure, Dabur remains committed to delivering profitable growth," Dabur Chief Executive Officer, Sunil Duggal said.
Even in these uncertain times, the company has continued to report good growth across key categories and grow ahead of the market, he added.
"We continue to invest behind our brands and are confident of our ability to report sustainable and profitable growth, going forward," Duggal said.
The company's board, which met today, approved an interim dividend of 125 per cent for 2015-16.
"Continuing with our payout policy, the board has declared an interim dividend of Re 1.25 per share, aggregating to a total payout of Rs 264.65 crore," Dabur India Chairman Anand Burman said.
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