Emami Q1 net up 35 pc at Rs 14.89 crore

Last Updated: Tuesday, July 28, 2009 - 19:46

New Delhi: FMCG firm Emami on Tuesday posted a
35.1 per cent rise in its consolidated profit after tax at Rs 14.89 crore in the first quarter ended June 30, 2009, over the same period last fiscal.
The company`s consolidated net sales increased by 48.7
per cent to Rs 187.09 crore in the quarter under review from
Rs 125.8 crore recorded in the same quarter last fiscal, a
statement said.

"Emami has recorded substantial growth from its power
brands like Fair and Handsome, Navratna Oil, Boroplus
Antiseptic Cream among others," the company said.

On a standalone basis, however, the company recorded an
over five-fold dip in its net profit at Rs two crore in the
quarter ending June 30, 2009 as against the same period last
fiscal.

The company had a standalone net profit of Rs 11.17 crore
in the quarter ending June 30, 2008.

Besides, Emami`s standalone net sales increased by 21.4
per cent to Rs 149 crore in the quarter under review.

Bureau Report



First Published: Tuesday, July 28, 2009 - 19:46
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