The new venture has been conceived by the sons of the promoters, Aditya Agarwal and Manish Goenka
Its net profit in the corresponding quarter of the last fiscal year stood at Rs 60.53 crore
The company had posted a net profit of Rs 60.53 crore during the same period of the previous fiscal
The company has also appointed McKinsey India to recommend a marketing strategy
Current valuations leave little scope for gains
However, the company's stock was trading 1.74% up at Rs 1,159.65 on BSE
The expansion will also include setting up of a 7.5 megawatt captive power plant
In the next 15 months, the company will be coming up with two new plants
Firm has prepared a blueprint for acquisitions in south-east Asia, and for organic growth in Europe and other regions
In FY 2014-15, the company had spent around Rs 392 crore and in FY 2013-14 around Rs 277 crore, for branding
Emami's international business grew 25% CAGR in the decade leading to 2015-16
The Zandu brand, which Emami acquired in 2008, is in the process of getting a makeover
The stock moved higher by 13% to Rs 1,110, its sharpest intra-day rally since February 2013 on the BSE.
Organic volumes grow 6.5% in March quarter; management expects to push revenue 15% in FY17
The decline is due to sharp rise in amortisation of the Kesh King brand
Inspired by the growing demand for herbal products, the Kolkata-based company is revamping its oldest label