Kolkata: FMCG major Emami on Thursday reported a 9% year-on-year increase in consolidated net profit to Rs 164.2 crore for the first quarter this fiscal even as revenue remained flat. This was mainly due to benign input costs and improved operational efficiency.
Revenue from operations stood at Rs 904 crore in Q1FY26, almost flat compared to Rs 906 crore in Q1FY25. During the period, core domestic business, excluding talc or prickly heat powder (PHP) posted a 6% year-on-year revenue growth, while volume witnessed around 3% year-on-year growth.
The talcum and PHP category, which is highly reliant on peak summer sales, declined by 17% due to adverse weather conditions.
International business grew around 2% year-on-year amid ongoing macroeconomic and geopolitical uncertainties across key markets such as Bangladesh, West Asia and Africa.
Harsha V Agarwal, vice-chairman and managing director, Emami, said, "Our performance this quarter reflects the underlying strength and resilience of our brands, even in the face of an unusually subdued summer. Our talc/PHP category maintained a two-year CAGR of 13%.
"Mohan Goenka, vice-chairman and whole-time director, said, "Despite a flattish topline, we delivered a 9 per cent growth in profit after tax, underscoring our sharp focus on profitability and operational efficiency.