Emami, a leading player in the personal and healthcare consumer products, on January 27 reported 44.67% rise in consolidated net profit at Rs 2,089.6 million for December quarter 2020 aided by sales growth and cost control measures.
The company had posted a profit after tax of Rs 1,444.4 million for the year-ago period.
Revenue from operations increased 14.89% to Rs 9,336.1 million in the quarter as against Rs 8,126.4 million in the same period a year ago.
Total expenses grew 8.17% to Rs 5,934.2 million for December quarter 2020 compared with Rs 5,486.2 million in the same period previous fiscal.Emami EPS increased to Rs 4.70 in December 2020 from Rs 3.18 in December 2019.
The Board of Directors at its meeting held on Jan.27, 2021 declared a second Interim dividend of 400% i.e Rs. 4 a equity share of Rs. 1 each fully paid up. The Holding Company has fixed Feb.05, 2021 as the record date for the purpose of determining shareholders entitled to receive the said second interim dividend.
Shares of the company declined Rs 3.25, or 0.67%, to trade at Rs 479.30. The total volume of shares traded was 37,829 at the BSE (12.35 p.m., Thursday).