Emami eyes 15% volume growth

Emami was hit more than many peers in the segment after GST implementation

After a dismal performance in the June quarter of the current financial year, fast moving consumer goods company Emami expects 14-15 per cent volume growth for the remaining nine months. This means the company hopes to achieve 17-18 per cent revenue growth in this period.
 
Emami was hit more than many peers in the segment after goods and services tax (GST) implementation. Over half its sales are through wholesale channels, which had resorted to serious destocking. Sales volume fell, hitting revenue by 16 per cent and profit by 98 per cent. In the April-June period, it had a meagre