Demonetisation, global slowdown continue to hurt Emami in Q4

Consolidated revenue down 4.3% to Rs 578 cr, company holds on to profit, which was flat at Rs 83 cr

Demonetisation, together with the slowdown in its international business, pulled down Kolkata-based Emami Ltd's consolidated revenue by 4.3 per cent at Rs 578 crore for the quarter ended March 31, 2017, even as it was able to hold its profit margins, which remained flat at Rs 83 crore.

During the January-March period of the 2015-16 fiscal year, Emami Ltd reported a net profit of Rs 82 crore while its total income stood at Rs. 604 crore.

"Notwithstanding cautious market sentiment post the demonetisation drive, we are happy to announce a modest quarter performance as compared to the overall muted industry environment", the