Emami shares surge 9% post Q3 earnings as PAT grows 15% YoY, Rs 6/share dividend announcement
Emami shares rose sharply after the FMCG major reported a 15% YoY rise in Q3 net profit to Rs 319 crore and a 10% revenue increase. Strong gross margins, improved EBITDA, resilient rural demand and a favourable winter boosted performance. The company also announced a second interim dividend of Rs 6 per share.