Hotline: 1800 102 2007
X
Search Business Opportunities
Oct, 26 2017

Emami Profit Rises Rs 98.90 Crore in Second Quarter

Emami reported about 50% rise in net profit of Rs 98.90 crore in the second quarter ended September 30

Fast moving consumer goods firm Emami reported about 50% rise in net profit of Rs 98.90 crore in the second quarter ended September 30. Company had posted a net profit of Rs 65.87 crore last year.

Revenue from operations during the quarter under review stood at Rs 628.12 crore as against Rs 583.51 crore last year. Company’s international business grew at 22 percent despite a challenging business environment led by SAARC, CIS and Africa.

Emami Director Mohan Goenka said “After a challenging Q1 faced with GST apprehensions resulting in substantial wholesale destocking, in the second quarter, we have recovered significantly. Post GST, the wholesale channels are yet to recover completely from the impact, which we expect to improve in the second half of the year. International business is also back on track riding on the base effect of last year's performance. The SAARC regions and Africa did particularly well”.

Comment
image
Related opportunities
  • Ice creams & Yogurt Parlors
    About Us: Gargi's Milkshakes, The one of newly introduced brand in..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • After School Activities
    About Us: Brightt kids began its journey from Pune and over..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Ice creams & Yogurt Parlors
    About Us: Established in the year 1956 at Fatehpuri Delhi, Giani..
    Locations looking for expansion New Delhi
    Establishment year 1956
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required 80 sq ft-300 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi New Delhi
  • About US:  Founded in 1919 by the Vilgrain family, Delifrance today..
    Locations looking for expansion Delhi
    Establishment year 1983
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities