Emami
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Indian Retailer Bureau Nov 01 2021 - 2 min readKolkata-based FMCG major Emami Ltd has clocked a 56 percent jump in consolidated profit after tax at Rs. 185.25 crore in the second quarter, ended September on the back of higher revenue and cost optimization measures. The company had posted a consolidated profit after tax of Rs. 118.45 crore in the second quarter last fiscal, ...
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Indian Retailer Bureau Oct 08 2021 - 2 min readThe edible oil and bio-diesel arm of Emami Group, Emami Agrotech Ltd has announced that it is targeting Rs 25,000 crore turnover in the next three years. The company is also planning to invest Rs 1,000- 1,500 crore during the same time frame to facilitate this growth. Emami Agrotech plans to diversify its business from ...
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Indian Retailer Bureau Sep 30 2021 - 2 min readKolkata-based FMCG company Emami has embarked on various distribution initiatives and rural expansion drive to boost growth in the current fiscal, said its Chairman RS Agarwal. Addressing the shareholders at the company’s annual general meeting, he maintained that the company continued to face market challenges due to the second wave of COVID-19, in the first ...
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Franchise India Bureau Jan 29 2019 - 1 min readFMCG major Emami Ltd has acquired German brand Creme 21. The personal care brand has been acquired at less than 1.5 times of its sales of Euro 8 million. Creme 21 has major business in the Middle East and other focus markets. The brand offers skin care and body care products like creams and lotions, ...
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Franchise India Bureau Aug 20 2018 - 1 min readDeciding to postpone its entry into the food space at the moment, Emami has dropped plans to acquire GSK's Horlicks and Kraft Heinz’s Complan and Glucon-D. The company would instead invest in FMCG startups to gain expertise in targeting millennial consumers, selling through e-commerce firms and modern trade. Harsha V Agarwal, Emami’s Director, said, “We ...