Emami surges on reporting 88% rise in Q1 consolidated net profi
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Emami is currently trading at Rs. 469.80, up by 8.05 points or 1.74% from its previous closing of Rs. 461.75 on the BSE.
The scrip opened at Rs. 463.75 and has touched a high and low of Rs. 471.90 and Rs. 463.10 respectively. So far 38760 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 524.95 on 26-Sep-2022 and a 52 week low of Rs. 340.95 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 471.90 and Rs. 439.50 respectively. The current market cap of the company is Rs. 20504.59 crore.
The promoters holding in the company stood at 54.52%, while Institutions and Non-Institutions held 37.68% and 7.80% respectively.
Emami has reported 33.67% rise in its net profit at Rs 129.02 crore for first quarter ended June 30, 2023 (Q1FY24) as compared to Rs 96.52 crore for the same quarter in the previous year. However, total income of the company decreased by 3.55% at Rs 705.69 crore for Q1FY24 as compared Rs 731.70 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 88.13% rise in net profit at Rs 136.75 crore for the first quarter ended June 30, 2023 as compared to Rs 72.69 crore for the same quarter in the previous year. Total income of the company increased by 6.96% at Rs 833.94 crore for Q1FY24 as compared Rs 779.64 crore for the corresponding quarter previous year.
