The company’s board also approved buyback of its equity shares for an amount not exceeding Rs 162 crore. The shares will be bought back at a maximum price of Rs 550 per share.
Emami raises product prices by 4% on higher input cost
The company s long awaited project Khoj that aims deeper rural reach to retain profitability momentum, has been launched in Uttar Pradesh with the relaxation of lockdown
PTI | June 6, 2021 | Updated 18:10 IST
E-commerce contribution is roughly 3.7 per cent of the domestic sales which has almost increased by three times in the fourth quarter of FY21
FMCG major Emami Ltd has raised product prices on an average by four per cent in the current fiscal to offset the present input cost pressure that will help the company to retain a gross margin of 66-67 per cent, a senior company official said on Sunday.
Emami share rises 2% on Q4 earnings; here s what brokerages say During the quarter, input cost pressure increased due to inflation in key commodities which led to a gross margin decline of 250 bps, the company said
BusinessToday.In | May 26, 2021 | Updated 15:12 IST
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Share of Emami rose 2 per cent to hit an intraday high of Rs 511.05 after the company reported over three-fold jump in its net profit to Rs 88 crore for the quarter ended March 2021. Profit in the year-ago period stood at Rs 22.75 crore.
The share opened 2 per cent higher at Rs 510.00 against the previous close of Rs 499.75. The share has gained 143 per cent in one year and risen 18 per cent since the beginning of this year.