India's Emami slips after quarterly profit fall

Emami

21/05/2026 10:06

** Shares of India's Emami EMAM.NS fall 3.77% to 412.65 rupees

** Consumer goods maker's Q4 consol net profit fell 11.7% y/y to 1.43 billion rupees ($14.84 million)

** Revenue from operations fell 3.9% y/y

** Co says international business revenues declined 5%, hurt by geopolitical tensions in the Middle East

** Adds summer portfolio was affected amid unfavourable weather conditions, weighing on domestic sales

** Trading vols at 2.5x the 30-day average

** EMAM rated "buy" on average by 23 analysts, median PT at 631 rupees - data compiled by LSEG

** YTD, stock down about 20%

($1 = 96.3650 Indian rupees)

 (Reporting by Bipasha Dey in Bengaluru)

 ((Bipasha.Dey@thomsonreuters.com;))