Emami Q3 profit rises by 21.9 per cent to Rs 183.7 crore

Emami, the fast moving consumer goods company (FMCG) on Wednesday said its unaudited consolidated net profit for the quarter ended December 31 rose by 21.9 per cent at Rs 183.7 crore.

For the same period last fiscal, the company had posted a net profit of Rs 150.68 crore.

Net sales were up by 18.4 per cent to Rs 692.26 crore during the quarter from Rs 584.67 crore in the corresponding period a year ago.

The company's domestic topline rose by 18.2 per cent, while international business improved by 20.6 per cent, the company said in a statement.

It recently acquired a 66.67 per cent stake in Australian personal and organic care firm Fravin.

The company has a CAGR of 19 per cent over the last five years and a present market cap over Rs 21,000 crore.