Emami looks "thanda, thanda, cool, cool"

Emami, maker of famed brands like BoroPlus and Navratna oil has done well for Q4Fy15 on the back of good sales. Its consolidated net profit for the quarter rose 24% (YoY) at Rs.138 crore and this was on a 24% rise in net sales at Rs.554 crore. EBITDA was up 20% at Rs.140 crore though margins declined from 26.33% to 25.27%. Costs were up 23%, with raw material costs rising 13% and advertising expenses jumped up by a huge 67%. Forex loss for the quarter stood at Rs.6.25 crore though all this was more than made-up by other income of Rs.30 crore.

The market is extremely enthused with the performance as the stock figures amongst the top five gainers on the BSE, currently quoted at Rs.972 and this is after an intra day high of Rs.984. Its 52-week high is at Rs.1140.