update

Emami Q1 profit jumps 16.6% on strong revenue, other income 

     Personal and healthcare products manufacturer  Emami  has reported a 16.6 percent growth in consolidated net profit at Rs 70.8 crore for quarter ended June 2014 on account of higher other income, strong revenue and lower depreciation cost but impacted by operational performance. Profit in the year-ago period was Rs 60.7 crore. 
     Consolidated net sales shot up 25.5 percent to Rs 481.7 crore during the quarter from Rs 383.7 crore in same quarter last year supported by robust growth in domestic as well as international businesses.
     Domestic business in the first quarter of current financial year grew 19.7 percent (the highest growth recorded in the last fifteen quarters) while international business jumped over 100 percent during the quarter compared to corresponding quarter of FY14.