Emami bets on winter, but inflation may bite
Emami Ltd announced a 36% increase in consolidated revenue for the second quarter, reaching Rs 1,088 crore. Despite rising input costs, the company has seen positive trends in…
Attributed summary
Emami Ltd announced a 36% increase in consolidated revenue for the second quarter, reaching Rs 1,088 crore. Despite rising input costs, the company has seen positive trends in its winter portfolio and rural demand. The net profit declined by 3% due to changes in the effective tax rate. Emami has implemented price hikes to offset raw material inflation while focusing on cost-efficiency.
Read the original report — Economic Times
Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.