FMCG company, Emami is planning to start commercial operations in Bangladesh for which trial production has already begun. The company has received the license from the Bangladesh government for setting up a factory there. The company has decided to invest a sum of Rs 20 crore in the Bangladesh plant. At present, international business contributed 13% of the overall turnover of Emami's revenue.
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.
