FMCG firm Dabur on Thursday reported 16.56 per cent increase in consolidated net profit at `331.93 crore for January-March period and also announced setting up of a `250-crore facility at Tezpur in Assam. “In order to meet the growing demand for products of the company, the Board of Directors of the company in its meeting held on April 28, 2016, has approved a capex of `250 crore for setting up a manufacturing plant at Tezpur, Assam which shall be financed through Internal Accruals,” the company said in a BSE filing.