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30-May-2024

Emami

OP up 5.59%


'For the quarter ending March 2024, consolidated Net sales (including other operating income) of Emami has increased 6.61% to Rs 891.24 crore compared to quarter ended March 2023.  Sales of Within India segment has gone up 6.60% to Rs 714.32 crore (accounting for 80.15% of total sales).  Sales of Outside India segment has gone up 6.67% to Rs 176.92 crore (accounting for 19.85% of total sales).  Operating profit margin has declined from 23.90% to 23.67%, leading to 5.59% rise in operating profit to Rs 210.98 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 21.74% to 20.77%.   Purchase of finished goods cost fell from 16.07% to 14.22%.   Employee cost decreased from 10.85% to 10.03%.   Other expenses rose from 27.80% to 31.58%.   Selling and administration expenses rose from 15.28% to 19.98%.   

Other income fell 22.18% to Rs 10.7 crore. &n...



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