FMCG major Emami Ltd on Monday reported a marginal increase in its consolidated net profit (after taxes, minority interest and share of profit of associates) to Rs 134.34 crore for the quarter ended December 31, 2016, as compared to Rs 134.28 crore in the corresponding quarter last financial year. It posted a resilient performance during the quarter despite depressed domestic market sentiments resulting in lower offtakes and challenging geopolitical conditions in overseas markets, the company said. Its turnover in the quarter under review at Rs 726 crore posted flat growth due to severe liquidity crunch in domestic markets and poor economic conditions in Middle Eastern countries.
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FMCG major Emami Ltd on Monday reported a marginal increase in its consolidated net profit (after taxes, minority interest and share of profit of associates) to Rs 134.34 crore for the quarter ended December 31, 2016, as compared to Rs 134.28 crore in the corresponding quarter last financial year. It posted a resilient performance during the quarter despite depressed domestic market sentiments resulting in lower offtakes and challenging geopolitical conditions in overseas markets, the company said. Its turnover in the quarter under review at Rs 726 crore posted flat growth due to severe liquidity crunch in domestic markets and poor economic conditions in Middle Eastern countries.
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