Emami sinks post Q3FY18 results

Emami Limited reported its results for the quarter ended December 2017. The total revenue from operations came in at Rs. 757 crore, representing 20.5 per cent sequential increase and 4.2 per cent YoY increase.

Its cash operating profit (EBITDA) amounted to Rs. 270 crore. The margins for the quarter reported was 35.7 per cent.

The company’s PAT came in at Rs. 147 crore, representing 49.2 per cent sequential increase and 9.6 per cent YoY increase.

During the quarter, the company acquired 21.13 per cent equity share capital of Helios.

On Tuesday, the scrip opened at Rs. 1,210.45 per share and touched an intraday low of Rs. 1,146.25. At 1308 hours, Emami Limited was quoting Rs. 1,141.70 per share, down Rs. 90.95 or 7.38 per cent.