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Home / Markets / News / Emami jumps 18% even as Q1 pre-tax profit drops 13.64% YoY to Rs 49 crore

Emami jumps 18% even as Q1 pre-tax profit drops 13.64% YoY to Rs 49 crore

Net profit or profit after tax (PAT), was up 1.1 per cent to Rs 39.58 crore.

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Revenues from operations were down by 25.79 per cent to Rs 481.34 crore as offtakes of summer portfolio were impacted due to the lockdown.

SI Reporter New Delhi

3 min read Last Updated : Aug 10 2020 | 11:20 AM IST

Shares of Emami Ltd zoomed as much as 18 per cent to Rs 304.30 apiece on the BSE on Monday against Friday's close of Rs 257.65. The company on Friday reported a 13.64 per cent year-on-year (YoY) drop in profit before tax to Rs 49.06 crore for the June quarter (Q1FY21) while net profit or profit after tax (PAT), was up 1.1 per cent to Rs 39.58 crore.

At 10:58 AM, the stock was trading over 16 per cent higher at Rs 299 on the BSE. It had hit a 52-week high of Rs 357 on January 17, 2020 while its

Topics : Emami Buzzing stocks Markets Sensex Nifty Q1 results corporate earnings

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