Dabur India restructures leadership with new CEO appointments

INDIA – Dabur India Limited, a leading consumer goods company, has undertaken a strategic leadership restructuring by separating its global and domestic CEO roles to sharpen its focus on international expansion and market dominance in India.

This change accompanies the elevation of Mohit Malhotra to Global CEO, reflecting the company’s intent to pursue parallel growth trajectories at home and abroad.

The Board of Directors approved Mohit Malhotra’s redesignation from Whole Time Director and CEO to Whole Time Director and Global Chief Executive Officer, effective February 17, 2026. 

Concurrently, Herjit S. Bhalla steps in as Chief Executive Officer for the India Business, classified as Senior Management Personnel, starting April 15, 2026, or a mutually agreed date. 

He will report directly to Malhotra.

Bhalla brings more than 25 years of expertise from top roles at Unilever, Metro Cash & Carry, and The Hershey Company. 

His career highlights include serving as Marketing Director in Moscow for Unilever from 2009 to 2012; serving as Chief Operating Officer and Executive Board Director at Metro Cash & Carry in 2016-2017; and advancing at Hershey since 2018, from Managing Director, India, to his current position as VP, Canada & Global Customers, since 2021.

This realignment sharpens operational precision, with Malhotra tasked with accelerating international expansion, leveraging recent successes such as strong growth in Nigeria, the US, and the UK. 

Dabur’s rising Dow Jones Sustainability Index score to 83 underscores aligned ESG commitments, potentially aiding investor appeal.

Dabur Q3 FY2024-25 financial results

Dabur India Ltd recently announced a solid performance for the third quarter of FY2024-25, with consolidated revenue climbing 6.1% year-on-year to Rs 3,559 crore (USD 428 million) from Rs 3,355 crore (USD 405 million) in the same period last year. 

This growth was propelled by a 6% expansion in the India FMCG business, driven by consistent market share gains across key consumer categories despite headwinds from elevated input costs.

The company’s profitability also strengthened notably, as net profit, excluding exceptional items, rose 10.1% to Rs 575 crore (USD 69.3 million) from Rs 522 crore (USD 63 million) a year earlier, underscoring improved operational efficiency. 

Operating profit advanced 7.7% to Rs 734 crore (USD 888 million), reflecting Dabur’s resilience as a science-led Ayurveda powerhouse with broad-based contributions from both domestic and international operations.

These results highlight the board’s approval of audited figures amid challenges like new labor code implementation expenses.

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