Dabur Sees Hit to Real Brand Juice Sales From Nepal Unrest

Dabur Sees Hit to Real Brand Juice Sales From Nepal Unrest
New Delhi: FMCG firm Dabur India Ltd on Monday said sales of its Real brand fruit juices in India may be affected due to blockade of certain Indo-Nepal border crossings.

"Due to the current state of unrest in Nepal, and the resultant blockade of certain border crossings, the supply of products by our subsidiary Dabur Nepal Pvt Ltd has been affected. This may temporarily impact the sales of the our Real Brand fruit juices in India," Dabur India said in a filing to the BSE.

Dabur manufactures Real juices in its plants in India, Nepal and Sri Lanka. Due to the India-Nepal border blockade, it cannot import products in India.

"The financial impact cannot be ascertained accurately due to the ongoing nature of the situation," it further said.

Meanwhile, Dabur India said it has "pro-actively initiated a mitigation strategy involving the ramp-up of production at other manufacturing facilities in India, and at our manufacturing facility in Sri Lanka - Dabur Lanka Pvt Ltd".

"These measures will help in mitigating the potential sales loss due to the Nepal unrest," it added.

However, there is no impact on sales within Nepal.

As of 12:23 p.m., shares in Dabur India were trading 0.1 per cent lower at Rs 272.25 apiece on the BSE, whose benchmark Sensex index was up 0.5 per cent.