Emami Ltd, based in Kolkata, published its results report for the second quarter of the fiscal year 27. During this period, the company demonstrated a 36.2% growth in operating revenue compared to the previous year, reaching INR 1,087.65 crore.
Nevertheless, the net profit after tax (PAT) decreased slightly by 1.92% to INR 145.50 crore in the September quarter of FY27. Previously, in the same period last year, PAT was INR 148.35 crore.
The company's report indicated that the decrease in net profit was mainly due to the normalization of the effective tax rate after the cessation of fiscal benefits, as well as increased raw material costs. Meanwhile, EBITDA increased by 25%, reaching INR 222 crore, and profit before tax grew by 29% to INR 194 crore.
Total expenses in the September quarter of FY27 amounted to INR 865.33 crore, which is 39.57% higher than in the previous quarter.
Business Progress
During the quarter, Emami's domestic business grew by 49%, supported by a 43% increase in volume. However, when looking at comparable figures, excluding data from Axiom Ayurveda and IncNut Digital from the previous period, consolidated revenue increased by 24%, and domestic business grew by 32% with a 26% increase in volume.
The company's international markets reported a 2% decline in revenue due to significant external disruptions in certain regions. Total income, including other receipts, grew by 35.45% to INR 1,110.60 crore in the second quarter of FY27. For the period from April to September FY27, total income increased by 24.21% to INR 2,168.31 crore.
The company noted that, building on the momentum of the first quarter, it achieved another quarter of double-digit growth across a wide range of segments, driven by strong performance from both core brands and strategic investments. These results reflect the company's continuous progress in building a more diversified and future-ready consumer goods portfolio.
The operating environment was challenging, marked by renewed geopolitical tensions in the Middle East, floods in Nepal, persistent inflationary pressure on various goods, and insufficient rainfall in parts of the country.
Despite this, demand remained stable, and the company's diversified portfolio, improved execution, and rapid scaling of new growth engines allowed it to achieve strong financial results. Furthermore, Emami completed a share buyback worth INR 281.24 crore in this quarter.
Vice President and Managing Director Harsha V Agarwal stated that the high efficiency of core brands combined with the rapid expansion of the strategic investment portfolio, which now accounts for about 26% of the domestic business, strengthens the strategy of building multiple growth engines for the future and expanding presence in changing consumer segments.
In a separate filing, Emami informed the board of directors that the board approved the first interim dividend of INR 5 per share with a face value of INR 1 fully paid up for the financial year 2026-27. Emami Ltd shares traded at INR 389.35 on the BSE on Thursday, which was 2.02% higher than the previous day's close.
