EMAMI RECORDS STRONG GROWTH OF 18.4% DURING Q3 OF FY 2014-15

 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 28^th 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.

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