Emami’s total income during the period increased by 6.97% to Rs633.46 crore as against Rs592.16 crore in the same period last fiscal. The company had posted a net profit of Rs65.87 crore during the July-September quarter of previous fiscal, Emami said in a regulatory filing. Total income during the period increased by 6.97% to Rs633.46 crore as against Rs592.16 crore in the same period last fiscal. “After a challenging Q1 faced with GST apprehensions resulting in substantial wholesale destocking, in the second quarter, we have recovered significantly. Both topline and bottomline have registered handsome growth at around 14 per cent and 49 per cent, respectively,” Emami Ltd director Mohan Goenka said.

Source: Mint October 25, 2017 11:48 UTC