Emami Q3 net profits up by 21.9 %

Indian FMCG firm Emami recently shared its unaudited consolidated net profit for the quarter ended Dec 31 rose by 21.9 percent at Rs.183.7 crore, says a report in IANS.
Emami Q3 net profits up by 21.9 %

Indian FMCG firm Emami recently shared its unaudited consolidated net profit for the quarter ended Dec 31 rose by 21.9 percent at Rs.183.7 crore, says a report in IANS.

Further, during the same period last fiscal, the company had posted a net profit of Rs.150.68 crore.

Besides, Net sales of the company surged by 18.4 percent to Rs.692.26 crore during the quarter from Rs.584.67 crore in the corresponding period a year ago.

The company's domestic business increased by 18.2 percent, while international business improved by 20.6 percent, as per a company statement reported by IANS.

Besides, it recently acquired a 66.67 percent stake in Australian personal and organic care firm Fravin Pty Ltd. Also, the company has recorded a CAGR of 19 percent over the last five years and a present market cap over Rs.21,000 crore.

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