Friday 25 October 2013

Emami strengthens on reporting 35% rise in Q2 consolidated net profit

Emami is currently trading at Rs. 496.85, up by 1.95 points or 0.39% from its previous closing of Rs. 494.90 on the BSE.

The scrip opened at Rs. 498.00 and has touched a high and low of Rs. 504.00 and Rs. 496.30 respectively. So far 4706 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 539.40 on 12-Jul-2013 and a 52 week low of Rs. 367.40 on 24-Jan-2013.

Last one week high and low of the scrip stood at Rs. 504.00 and Rs. 459.95 respectively. The current market cap of the company is Rs. 11306.39 crore.

The promoters holding in the company stood at 72.74% while Institutions and Non-Institutions held 18.86% and 8.40% respectively.

Emami has reported 25.94% rise in its net profit at Rs 75.93 crore for the quarter as compared to Rs 60.29 crore for the same quarter in the previous year. Total income of the company has increased by 9.78% at Rs 390.76 crore for quarter under review as compared to Rs 355.95 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit after taxes and minority interest and share of profit of associates for the quarter under review grew 35.07% at Rs 79.96 crore against Rs 59.20 crore in the second quarter of previous fiscal. Group’s total income from operation rose 13.59% at Rs 423.17 crore for the quarter from Rs 372.53 crore in the similar quarter of previous year.

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