Emami Q4 profit up by 52 percent

By IANS,

Kolkata : Fast-moving consumer goods firm Emami Limited Wednesday announced a net profit of Rs.350 million for the quarter ended March 2008, showing a rise of 52 percent over the corresponding period in the previous year.

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The company’s turnover for the quarter was Rs.1.79 billion, up by 19 percent over the previous quarter.

For the year ended March 31, 2008, net profit stood at Rs.927 million, a 41 percent growth over last year.

The company recommended a higher dividend of 225 percent at Rs.4.5 per share for 2007-08 compared to 200 percent in the previous year.