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Dabur elevates Mohit Malhotra as Global CEO; appoints Herjit Bhalla to lead India businessDabur India Limited appoints Mohit Malhotra as Global Chief Executive Officer and Herjit S Bhalla as Chief Executive Officer - India Business, following steady Q3 growth driven by rural demand.By Navneet Singh  February 17, 2026, 10:42:05 PM IST (Updated)2 Min ReadDabur India Limited on February 17, 2026, informed that its Board of Directors has approved key leadership changes under Regulation 30 of the SEBI Listing Regulations.

The Board has redesignated Mohit Malhotra, currently Whole Time Director & Chief Executive Officer, as Whole Time Director & Global Chief Executive Officer with effect from February 17, 2026.

Further, upon the recommendation of the Nomination & Remuneration Committee, the Board has appointed  Herjit S Bhalla as “Chief Executive Officer - India Business” in the category of Senior Management Personnel.

As per the exchange filing, his appointment will be effective from April 15, 2026, or such other date as may be mutually agreed.  Bhalla will report to Mohit Malhotra.

Also Read: Dabur Q3 Results: Revenue meets estimates; rural demand, foods business drive growth

Dabur India delivered a steady performance in the December quarter, with earnings largely in line with Street expectations and growth supported by rural demand, portfolio market share gains and a resilient international business.

The FMCG major reported a net profit of ₹553.6 crore for Q3, up 7.3% year-on-year, though marginally below the CNBC-TV18 poll estimate of ₹562 crore. Revenue rose 6% year-on-year to ₹3,558.6 crore, broadly in line with estimates of ₹3,560 crore.

Also Read: Dabur sees demand recovery in Q3, double-digit growth in home & personal care

EBITDA increased 7.7% year-on-year to ₹734 crore, marginally above expectations, while operating margin stood at 20.6%, unchanged versus estimates and improving from 20.3% a year earlier.

The India FMCG business reported 6% growth during the quarter, with rural demand outperforming urban markets for the eighth consecutive quarter. Syndicated data showed a 330-basis-point growth gap in favour of rural markets, a trend mirrored in Dabur’s internal numbers.

Dabur India shares closed 0.34% higher at ₹516 on the NSE on February 17.Continue ReadingFirst Published: Feb 17, 2026 10:41 PM IST