Dabur India shares gained nearly 4% in Tuesday’s trading session after the FMCG major provided a positive business update for the September quarter. The company expects consolidated revenue to grow in double digits for Q2 FY27, while its India FMCG business is also projected to deliver double-digit growth.

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Dabur said the expected performance would mark one of the strongest quarters for its India FMCG business in recent periods. The update strengthened investor sentiment around the company’s growth prospects and pushed the stock to an intraday high of ₹393.05, up 3.98% from the previous close of ₹378.

The company said demand remained steady during the quarter despite a challenging operating environment. Dabur highlighted renewed geopolitical tensions in the Middle East, inflationary pressure across several commodities and deficient rainfall as key factors affecting the business environment.

Despite these headwinds, the company remains optimistic about consumption trends. It expects demand to gain further momentum during the upcoming festive season, which could support growth across its consumer-focused portfolio.

The Q2 update comes as investors closely track the recovery in India’s FMCG sector amid changing consumption patterns and cost pressures. Dabur’s expectation of double-digit growth in both consolidated revenue and its domestic FMCG business could provide a positive signal for the company’s near-term performance.