Emami, a leading player in the personal and healthcare consumer products, on Thursday, reported 20% rise in standalone net profit for the quarter ended Sep.30, 2020. The company has earned Rs 1,150 million in the quarter, compared with Rs 960 million for the same period last year.
Revenue from operations during the quarter grew 10% to Rs 6,540 million from Rs 5,920 million in the previous year period.
On a consolidated basis, revenue from operations grew by nearly 11% at Rs 7,350 million against Rs 6,600 million, while net profit increased by 23% to Rs 1,180 million against Rs 960 million.
The Board of Directors at its meeting held on Nov.5, 2020, declared an interim dividend of 400% ie. Rs. 4/- a equity share of Rs. 1/- each fully paid up. The company has fixed Nov.13, 2020 as the Record Date for the purpose of determining shareholders entitled to receive the said interim dividend.
Shares of the company declined Rs 7.25, or 1.93%, to settle at Rs 367.50. The total volume of shares traded was 13,259 at the BSE (Friday).