Emami profit after tax rises 10% to ₹150.6 crore in June quarter

The company had posted a PAT of ₹136.75 crore in the April-June quarter a year ago, according to a regulatory filing.

Emami's revenue from operations was up 9.73 % to ₹906.07 crore during the quarter under review. It was ₹825.66 crore in the corresponding quarter a year ago.

The company's total expenses were ₹ 689.56 crore, up 8.4% in the June quarter of FY24.

Its total income, which includes other revenue, rose 9.9% during the period under review to ₹916.53 crore.

"Domestic business also grew by 10% with a healthy volume growth of 8.7%," Emami said in its earnings statement.

Modern trade, e-commerce and institutional channels continued to post strong growth, while general trade also rebounded to positive territory, it added.

"In Q1 FY25, gross margins at 67.7% expanded by 230 basis points. EBITDA at ₹216 crore grew strongly by 14%, despite strong investments behind brands, which led to a 21% surge in A&P spends," it added.

Shares of Emami Ltd. were trading at ₹823.45 apiece on the BSE, up 0.72% from the previous close.