Dabur India has announced the resignation of Global CEO Mohit Malhotra, effective November 13, 2026. Alongside the leadership change, the company reported a consolidated net profit of Rs 505.5 crore for Q2 FY27, an 11.7% rise year-on-year. Investors may monitor the transition and ongoing margin pressures from rising input costs.
Dabur India has announced that its Global CEO, Mohit Malhotra, will step down from his position on November 13, 2026, to pursue an overseas professional opportunity. Malhotra, a veteran who has been with the company for over three decades, has played a key role in the firm's operations. To manage this transition, the board has appointed Herjit Singh Bhalla, who is the current CEO of the India business, as an Additional and Whole-time Director effective November 14, 2026. P.D. Narang will continue as a Whole-time Director to provide strategic guidance, ensuring continuity, especially for the company's international business.
Financial performance for the second quarter of the 2027 fiscal year remained strong despite the upcoming leadership shift. The company reported a consolidated net profit of Rs 505.5 crore, which is an increase of 11.7% compared to the same quarter last year. Revenue from operations also showed healthy growth, climbing 11.6% to Rs 3,563.1 crore. As part of its financial announcement, the company also declared an interim dividend of Rs 3.50 per equity share, with the record date set for November 10, 2026. On November 4, 2026, Dabur's stock reacted to the news and the results, closing at Rs 394.10, a gain of 3.45%.
The leadership change takes place against the backdrop of a wider trend in India's fast-moving consumer goods sector, where several firms are seeing top-level management shifts. Companies in this space are currently navigating a challenging environment marked by inflation and rising input costs. To protect its profit margins, Dabur has been prioritizing its premium product portfolio, which has recently outperformed its mass-market offerings. The success of this strategy is vital, as the company competes with both traditional rivals and new digital-first brands.
Looking ahead, the main area for investors to track will be the company's long-term succession plan for the Global CEO role. Additionally, as inflation continues to affect the cost of raw materials, maintaining margins will remain a key operational challenge. Market watchers will also look for continued growth in the international business segment, which remains a core part of the company's strategy.