18.4% growth in Net Sales at Rs. 692r during the third quarter.
Growth in the first nine months is 21.0% with sales at Rs. 1664cr
EBIDTA
at Rs. 212cr grew by 19.7%
during the quarter. EBIDTA at Rs. 400cr grew by 23.6% in the first nine months of
the year
PAT
at Rs. 184cr grew by 21.9%
during the quarter. It grew by 19.2% for the first nine months with profits at
Rs. 347cr
Acquired controlling stake (66.67%) in Fravin
Pty Ltd., Australia
Emami Limited announced its unaudited financial results for the third quarter & nine months ended December 31, 2014 at their Board of Directors’ Meeting held on 28th January, 2015.
Turnover of
the company in the third quarter grew by 18.4% at Rs.692 crores, EBIDTA
grew by 19.7% at Rs.212 crores
and PAT grew by
21.9% at Rs 184 crores
respectively
over
the
corresponding quarter in
previous
year.
For the first nine months of the year, turnover
at Rs.1664 crores grew by21.0%, EBIDTA
at Rs.400 crores grew
by 23.6%
and PAT at Rs 347 crores
grew by 19.2% respectively over the corresponding
period in previous year.
The third
quarter witnessed a strong domestic business that grew at a robust pace,
registering a handsome topline growth of 18.2 %. Even though the winter was delayed, the
company successfully overcame the seasonal challenges by the robust
performances of the Power Brands, which attributed to the strong topline
growth. New launches such as ‘HE’
Deodorant, Fair and Handsome Instant Fairness Facewash, Emami 7 Oils in One
Damage Control Hair Oil and Zandu
Balm Ultra Power were active contributors to the quarter’s growth. The
company continued to spend aggressively on advertisement and brand building
during the quarter to market its products aggressively. Despite the high
increase in spends, the Company’s EBIDTA during the quarter rose by 19.7%,
bettering industry average. Raw material prices exhibited a declining trend in
the third quarter, which had a positive impact on the quarter’s overall
performance.
Best
O: 91-44-42696650
F: 91-44-42696653
M: +91 99520 52429
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For Media Contact
Aarthi Rajendran
Senior Image Executive
Perfect Relations Pvt. Ltd.
No 32 Balaji Tower, 3rd Floor,
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