<p><a href="https://www.mid-day.com/business/business-news/article/dabur-gets-national-company-law-tribunal-approval-for-sesa-care-merger-23651882" target="_blank" rel="none noopener">Homegrown FMCG major Dabur India</a> on Wednesday said its Global Chief Executive Officer and Whole-time Director Mohit Malhotra has resigning after nearly three decades to pursue an overseas leadership role.</p>
<p>His resignation will be effective November 13, 2026, the company said in a regulatory filing.</p>
<p>In a letter to Dabur Chairman Mohit Burman, Malhotra said he has accepted a leadership role overseas with effect from 16 November 2026.&nbsp;</p>
<p>Malhotra said he joined Dabur as a management trainee more than three decades ago, and has witnessed its growth from a Rs 250-crore firm to a transnational enterprise with a footprint in over 100 countries and revenues of more than Rs 13,000 crore.&nbsp;</p>
<h2>Leadership rejig</h2>
<p>The company appointed Herjit Singh Bhalla, currently Chief Executive Officer of its India business, as an Additional Director and also a <a href="https://www.mid-day.com/business/business-news/article/kotak-mahindra-bank-appoints-anup-kumar-saha-as-md-and-ceo-from-january-1-2027-23652802" target="_blank" rel="none noopener">Whole-time Director</a> of the company with effect from November 14, 2026, for a period of five years, which will be subject to regulatory approvals.</p>
<p>He will continue to lead the growth agenda for the India business, representing the company and advancing its strategic priorities in its principal market, it said.</p>
<p>Existing Whole-time Director P D Narang will continue to provide strategic guidance across the Dabur Group's businesses, including oversight of its international operations.</p>
<p>"This structure clarifies leadership responsibilities and accountability while ensuring continuity as the company advances its priorities and prepares for its next phase of growth," it said.</p>
<h2>Dabur's consolidated net profit rises</h2>
<p>Meanwhile, the company reported a 12.09 per cent increase in consolidated net profit at Rs 498.57 crore for the quarter ended September 30, 2026. It had reported a consolidated net profit of Rs 444.79 crore in the corresponding quarter last year.</p>
<p>Total income during the quarter under review stood at Rs 3,734.96 as against Rs 3,331.45 crore in the same quarter in the preceding year.</p>
<p>"We delivered profitable growth despite operating in a challenging external environment marked by <a href="https://www.mid-day.com/business/business-news/article/ashwini-vaishnaw-says-global-uncertainty-could-intensify-in-the-coming-years--23655008" target="_blank" rel="none noopener">geopolitical uncertainty</a> and elevated input-cost pressures. What gives me confidence is that the growth has been broad-based and backed by healthy underlying volumes," Bhalla said.</p>
<p>Dabur's international business grew 20 per cent in rupee terms during the ,quarter, supported by strong performances across several key markets like Bangladesh, Egypt, Sub-Saharan Africa and Turkey, the company said.</p>
<h2>Company declares interim dividend</h2>
<p>Besides, the company declared an interim dividend of 350 per cent for FY27.</p>
<p>"Continuing with our payout policy, the board has declared an interim dividend of Rs 3.50 per share, aggregating to a total payout of Rs 620.88 crore," Dabur India Chairman Mohit Burman said.&nbsp;</p>

He joined Dabur as a management trainee more than three decades ago and has witnessed its growth from a Rs 250 crore firm to over Rs 13,000 crore company

Dabur global CEO Mohit Malhotra resigns; Q2FY27 net profit at 498.57 crore

LG Electronics India Q2FY27 net profit jumps 25.66 per cent to Rs 489.34 crore

Malhotra joined Dabur as a management trainee more than three decades ago, and has witnessed its growth from a Rs 250-crore firm to a transnational enterprise with a footprint in over 100 countries and revenues of more than Rs 13,000 crore

Dabur global CEO Mohit Malhotra resigns; Q2FY27 net profit rises 12.09 per cent at 498.57 crore

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Home / Business / Business News / Article / Dabur global CEO Mohit Malhotra resigns; Q2FY27 net profit rises 12.09 per cent at 498.57 crore