Emami shines on reporting 49% upward push in Q2 consolidated net profit

Emami shines on reporting 49% upward push in Q2 consolidated net profit

by admin- Thursday, October 26th, 2017 05:05:26 PM

Emami is currently buying and selling at Rs. 1210.00, up by way of 39.Ninety factors or three.Forty one% from its preceding closing of Rs. 1170.10 on the BSE.

The scrip opened at Rs. 1177.00 and has touched a excessive and coffee of Rs. 1206.35 and Rs. 1162.Ninety respectively. So a ways 6033 shares were traded at the counter.

The BSE organization ‘A’ stock of face price Rs. 1 has touched a fifty two week high of Rs. 1260.Eighty on 04-Nov-2016 and a fifty two week low of Rs. 937.00 on 23-Dec-2016.

Last one week excessive and occasional of the scrip stood at Rs. 1206.35 and Rs. 1127.05 respectively. The cutting-edge marketplace cap of the employer is Rs. 27158.Ninety five crore.

The promoters keeping within the organisation stood at seventy two.74%, while establishments and non-institutions held 18.Sixty two% and 8.64% respectively.

Emami has pronounced a rise of 17.Forty seven% in its net income at Rs 103.Ninety four crore for the zone ended September 30, 2017 as compared to net income of Rs 88.48 crore for the equal region inside the preceding yr. Total earnings of the employer elevated with the aid of four.17% at Rs 585.10 crore for Q2FY18 compared Rs 561.70 crore for the corresponding zone previous year.

On consolidate foundation, the organisation has mentioned forty nine.27% upward push in its net income at Rs ninety eight.68 crore for the quarter ended September 30, 2017 in comparison to Rs 66.11 crore for the corresponding quarter in the FY17. Total profits of the organization increased via 6.97% at Rs 633.Forty six crore for quarter under review in comparison to Rs 592.Sixteen crore for the equal quarter within the previous year.

News Updates