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Emami reports flat profit of Rs 179.99 crore, 6.28 per cent rise in revenue for September quarter

The company said the gross margins expanded by 350 basis points and EBIDTA grew 20 per cent. Domestic business grew 4 per cent and international 16 per cent on a constant currency basis

Our Bureau Calcutta Published 07.11.23, 12:05 PM
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Emami on Monday reported a flat profit after tax of Rs 179.99 crore for the second quarter ended September 30 against Rs 180.13 crore a year ago. However, revenue from operations rose 6.28 per cent to Rs 864.87 crore from Rs 813.75 crore a year ago.

Total expenses grew 2.07 per cent to Rs 631.20 crore. Total income increased 2.36 per cent to Rs 875.98 crore.

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The Calcutta-based FMCG major announced an interim dividend of Rs 4 per share (400 per cent). The company said the gross margins expanded by 350 basis points and EBIDTA grew 20 per cent. Domestic business grew 4 per cent and international 16 per cent on a constant currency basis.

Kilburn income jumps

Kilburn Engineering, part owned by the Khaitan family, reported a 31.3 per cent jump in income from operations to Rs 68.48 crore in Q2FY24 and a 35.17 per cent rise in profit after tax to Rs 10.03 crore.

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