Emami posts 7% rise in net profit to ₹278.98 cr in Q3FY25

FMCG major Emami on Monday reported around 7 per cent year-on-year rise in its consolidated net profit to ₹278.98 crore for the third quarter this fiscal from ₹260.65 crore for the same period last fiscal.

The Kolkata-based company’s revenue grew 5.33 per cent y-o-y at ₹1049.48 crore for the third quarter of FY25 compared to ₹996.32 crore for the corresponding period of FY24, according to a stock exchange filing.

The company, in a release, said the macroeconomic environment during the quarter presented a mixed bag of challenges and opportunities. Urban demand faced headwinds, influenced by rising food inflation and liquidity constraints in retail and wholesale trade channels. Conversely, rural demand showcased resilience, buoyed by favorable monsoon conditions and a robust harvest, providing a silver lining amidst market uncertainties. However, the delayed onset of winter impacted seasonal categories, adding another layer of complexity to an already dynamic market environment.

Macroeconomic headwinds

“Despite these macroeconomic headwinds, the company reported a robust growth of 9 per cent in its core domestic business, driven by a healthy volume growth of 6 per cent. Key brands such as the Healthcare range and BoroPlus range delivered strong growth despite the challenges posed by delayed and mild winters. Meanwhile, Navratna and the Pain Management portfolio showcased remarkable resilience, achieving growth in the low single digits,” it said.

Commenting on the results, Harsha V Agarwal, Vice Chairman and Managing Director, Emami Limited, said driven by a 6 per cent increase in volume in Q3FY25, the company posted a healthy 9 per cent growth in its core domestic business. “Our targeted distribution strategies for new-age channels have played a vital role in driving success across the business. Strategic initiatives for Kesh King and male grooming along with the expected revival of International Business, position us confidently for sustained, robust growth going ahead,” Agarwal added.