Emami Q4 profit jumps 32.6 percent
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Kolkata, May 8 (IANS) Emami Group Tuesday reported a consolidated net profit of Rs.723.70 million for the quarter ended March 31, as compared to Rs.545.70 million in the same period last year - a jump of 32.6 percent.
The total income of the Kolkata-based group increased to Rs.4,238.20 million for the quarter under review from Rs.3,623.30 million for the corresponding period last year, the company told the Bombay Stock Exchange.
"Emami continued to record substantial growth from its power brands like Navratna Oil, Boroplus antiseptic cream, Zandu Balm, Menthoplus Balm and Fair and Handsome. Brand extension Navratna Extra Thanda Oil also did extremely well," said a company statement.
The group's international business was impacted due to defocusing of low margin products and also degrowth in a few African markets such as Kenya, Angola, Morocco, Algeria and Libya, the statement added.
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