Emami Q3 consolidated PAT up 5% at Rs 220 cr, revenue rises 4% to Rs 972 cr

Company said quarter had high inflation leading to deceleration in consumer demand and gross margins at 67.4% contracted by 300 bps due to spike in key input prices

FMCG firm, Emami, recorded a 5.05 per cent increase in consolidated profit after tax (PAT) to Rs 219.52 crore in the quarter ended December 31. The company’s PAT in the year-ago period had stood at Rs 208.96 crore.

Consolidated revenues grew by 4 per cent to Rs 971.85 crore. The company said that the quarter witnessed high inflation leading to a deceleration in consumer demand and gross margins at 67.4 per cent contracted by 300 basis points due to spike in key raw material prices.

EBITDA at Rs 342 crore was however flat over last year. The company said that