Emami Limited — Updates, 27-01-2025: Press Release
Emami Limited reported a 9% increase in its core domestic business, driven by a 6% growth in volume despite a challenging macroeconomic environment. Q3FY25 revenue from operations reached ₹1,049 crore, a 5% year-on-year rise. Gross margins improved to 70.3%, up by 150 basis points, while EBITDA grew 8% to ₹339 crore, with EBITDA margins at 32.3%. The profit after tax also increased by 8%, totaling ₹279 crore.
Significant developments include the rebranding of Fair and Handsome to Smart and Handsome, aimed at catering to the male grooming market, and the expansion of product offerings in pain management with the launch of Mentho Plus Balm Total. The Board declared a second interim dividend of 400%, amounting to ₹4 per share, raising the total dividend for the fiscal year to an impressive 800%, reflecting strong profit-led growth and a commitment to shareholder returns. Moving forward, the company maintains a positive outlook for sustained growth driven by strategic initiatives and resilient demand, particularly in rural markets.
