Emami reports 35% fall in Q1 consolidated net profit

Emami has reported results for the first quarter ended June 30, 2016.

The company has reported a fall of 42.23% rise in its net profit at Rs 49.17 crore for the quarter ended 30, 2016 June as compared to Rs 85.12 crore for the same quarter in the previous year. However, the company’s total income increased by 16.56% to Rs 597.42 crore for the quarter under review from Rs 512.53 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 34.59% fall in its net profit after tax, minority interest and share of profit of associates at Rs 56.65 crore for the quarter ended June 30, 2016 as compared to Rs 86.61 crore for the same quarter in the previous year. However, total income of the company increased by 16.83% to Rs 649.45 crore for quarter under review from Rs 555.88 crore for the quarter ended June 30, 2015.