Emami Q3 net profits up by 21.9 percent

Kolkata: Indian FMCG company Emami Wednesday said its unaudited consolidated net profit for the quarter ended Dec 31 rose by 21.9 percent at Rs.183.7 crore.

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

Net sales were up 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 topline rose by 18.2 percent, while international business improved by 20.6 percent, the company said in a statement.

It recently acquired a 66.67 percent stake in Australian personal and organic care firm Fravin Pty Ltd.

The company has a CAGR of 19 percent over the last five years and a present market cap over Rs.21,000 crore.