Emami has decided to set up manufacturing units in Bangladesh and Egypt with an aim to expand its personal care and healthcare business in overseas markets. The company is expected to commence commercial operations at manufacturing unit in Bangladesh and Egypt by the end of this fiscal.
The company has reported 20.55% rise in its net profit at Rs 60.29 crore for the quarter as compared to Rs 50.01 crore for the same quarter in the previous year. Total income of the company has increased by 15.17% at Rs 355.95 crore for quarter under review as compared to Rs 309.06 crore for the quarter ended September 30, 2011.