Page 4 - Emami

BSE FMCG index nears 52-week low; Dabur, Godrej Consumer slips up to 9%

HUL hit a fresh 52-week low of Rs 1,942, down 4% in intra-day trade today. The stock has tanked 15% in the past two weeks.

Stocks to Watch: Vodafone Idea, Emami, JK Cement, CIL, Airlines, OMCs

FMCG major Emami has acquired a 19 per cent equity stake in direct-to-consumer (D2C) nutrition firm Tru Native F&B Pvt Ltd.

Emami acquires 19% stake in D2C nutrition firm Tru Native F&B

Kolkata-based FMCG major Emami Ltd on Saturday said it has acquired 19 per cent equity stake in direct-to-consumer (D2C) nutrition firm Tru Native F&B Pvt Ltd. Tru Native F&B markets nutrition products under the brand TruNativ, targetted at health and fitness enthusiasts. Emami did not reveal financial details of the deal. Commenting on the acquisition, Emami Ltd Director Harsha V Agarwal said, "With health and wellness being the buzzword for consumers today, we see tremendous potential in the nutrition segment. 'TruNativ' product offerings are very unique as they are based on real consumer habits and issues." He further said, "We are excited to enter this segment which is in line with our investment strategy and look forward to add meaningful value to the brand." Tru Native Founder Pranav Malhotra said as the consumers adopt a preventive approach in the aftermath of the pandemic, there has been a significant uptick in demand of protein, fibre, vitamins along with healthy food

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

Sons rise in Emami, as founders turn mentors to pave way for next gen

Founders R S Agarwal and R S Goenka not to draw any emoluments for their new positions as chairman emeritus and non-executive chairman, respectively

Emami net profit rises 5% to Rs 220 cr in December quarter

Revenue from operations was up at Rs 971.85 crore during the quarter under review as against Rs 933.61 crore in the year-ago period

Top headlines: Setback for FRL from lenders; Titan Q3 net zooms 91%

Business Standard brings you the top headlines on Thursday

Corporate rejig: Emami founders pave way for gen next to take over control

The company was founded in the mid-1970s in West Bengal when two close friends left their high profile corporate jobs to set up a cosmetic manufacturing unit in Kolkata

Slowdown in rural sales; need to watch if market bounces quickly: Emami

Emami is also progressing with its focussed rural expansion drive under 'Project Khoj' initially targeting top four potential rural contributing states -- Uttar Pradesh, Bihar, Maharashtra and Andhra

Emami PAT up 56% to Rs 185 cr in Q2FY22, revenue grows 7% to Rs 789 cr

Company says posted a growth of 9% in domestic business led by a volume growth of 6%

Emami eyes entry into new segments via acquisitions, investment in startups

Firm began investing in startups over three years back ago when it bet on Helios Lifestyle; it has also invested in personal care company Brillare

FMCG major Emami aims decent margin in FY22 despite hike in input cost

Presently, FMCG companies are facing inflationary pressure on the raw material inputs and some of them have even increased the prices to maintain margins.

Emami's June quarter profit rises 96% YoY to Rs 78 crore on lower base

However, PAT and revenues were lower compared to the previous March quarter

Emami Q1 profit soars nearly two-folds to Rs 77.79 cr on robust sales

Homegrown FMCG major Emami Ltd reported a nearly two-fold jump in consolidated profit after tax to Rs 77.79 crore in first quarter driven by robust sales amid disruptions due to Covid second wave.

Emami ups stake to 46% from 33% in male grooming company Helios Lifestyle

Emami said the investment was in line with its strategy of leveraging emerging online opportunities brought about by rapid digitisation

Emami hikes product prices to offset cost pressure, launches project Khoj

FMCG major Emami Ltd has raised product prices on an average by four per cent to offset the present input cost pressure that will help the company to retain a gross margin of 66-67 per cent.

Emami Q4 PAT up four-fold YoY to Rs 88 cr, drops 58% sequentially

The company cites higher input cost pressure due to inflation in key commodities, which led to a gross margin decline of 250 bps

Emami's net profit jumps over three-fold to Rs 87.73 cr in March quarter

FMCG firm Emami Ltd on Tuesday reported over three-fold jump in its consolidated net profit to Rs 87.73 crore for the quarter ended March 31.

Improved outlook, lower promoter pledge positives for Emami stock

All round performance in Q3, attractive valuations add to the optimism, say analysts

Improving outlook, lower promoter pledge positive for Emami stock

All round performance in Q3, attractive valuations add to the optimism, say analysts