Hit by demonetisation, Emami posts flat Q3 growth

Net profit and revenue were at Rs 134 cr and Rs 726 cr respectively

Hit by muted domestic demand condition resulting from demonetisation and global challenging geo-political conditions, Kolkata based FMCG (fast moving consumer goods) company Emami Ltd posted a flat topline as well as bottomline growth for the quarter ended December 31, 2016.

Against a net revenue of Rs 724.85 crore earned during the third quarter (Q3) of the last financial year, Emami posted a topline of Rs 726 crore, implying a less than one per cent growth. Its net profit too remained flat at Rs 134.34 crore for the period under review as against the Rs 134.28 crore profit in the Q3