Emami Ltd’s fourth quarter (January-April, 2014) PAT at ₹111 crore marked an 18.3 per cent growth over the corresponding quarter in the previous year. However, its net sales declined by 1.2 per cent at ₹446 crore.
It reported an annual (2013-14) turnover of ₹1,821 crore, up by 7.2 per cent, and a PAT of ₹402 crore, an improvement 27.9 per cent over the previous year.
The FMGC company’s international business grew 23 per cent.
Emami attributed an easing of input prices and cost control to its margin expansion. This resulted in a 27.1 per cent increase in EBIDTA (at ₹441 crore).
“Unfavourable season and moderation in the growth of the FMCG sector continued to impact the categories,” the company said in a statement. The erratic weather influenced seasonal brands’ sales and this led to a marginal decline in revenues in the fourth quarter. However, the company managed to improve its market share in most categories that it is present in, Emami said. It emphasised on increasing its rural distribution and penetration strategy.
The board has recommended a final dividend of 400 per cent (₹4 a share). The company had earlier announced an interim dividend 300 per cent.
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