Emami, a leading player in the personal and healthcare consumer products, witnessed a fall in share price on Friday after the company announced a steep drop in consolidated net profit for the quarter ended September 2015. During the quarter, the profit of the company declined 33.28% to Rs 610.60 million from Rs 915.20 million in the same quarter previous year.
Revenues for the quarter rose 17.37% to Rs 5,746.20 million, compared with Rs 4,896 million for the prior year period.
Operating margin for the quarter stood at 15.72 percent as compared to 22.87 percent for the previous year period. Operating Income for the quarter was Rs 903.20 million, compared with Rs 1119.8 million in the previous year period.
Earnings per share for the quarter stood at Rs 2.70, registering 33.00% decline over previous year period.
Shares of Emami are trading at Rs 1,023.10, down Rs 32.20, or 3.07% at the Bombay Stock Exchange (BSE) on Friday at 11:16 a.m.
Total volume of shares traded on the bourses today was lower by 33.11% to 108,459 compared with 22-day average volume of 162,147.