Emami posts 28% decline in Q4 net profit at Rs 602.30 million

Although registering a good growth in the Navaratna and pain management range of products, backed by new launches, Emami Ltd posted a near 28 per cent decline in its net profit for the quarter ended March 31, 2018 at Rs 602.30 million primarily on account of write-off of Minimum Alternative Tax credit entitlement of Rs. 140 million.

The net profit during the fourth quarter (Q4) of the last fiscal year stood at Rs. 833.20 million.

Adjusted against the tax rates, the company’s total income in the quarter under review rose by over 12 per cent at Rs. 6.89 billion as against the