Emami
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Franchise India Bureau Oct 26 2017 - 1 min readFast moving consumer goods firm Emami reported about 50% rise in net profit of Rs 98.90 crore in the second quarter ended September 30. Company had posted a net profit of Rs 65.87 crore last year. Revenue from operations during the quarter under review stood at Rs 628.12 crore as against Rs 583.51 crore last ...
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Franchise India Bureau Sep 29 2017 - 1 min readEmami Group has tied-up with Sheth Corp and agreed to invest Rs 350 crore to develop a luxury homes project 'Montana' in Mulund suburb of Mumbai.Emami Infrastructure, Emami Group's realty arm and Sheth Corp have formed a limited liability partnership (LLP) for this project.The project is spread over 7 acres and comprises of four towers ...
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Franchise India Bureau Sep 29 2017 - 1 min readKolkata-based FMCG firm, Emami has reduced prices of its hair oil to pass on the GST benefit to consumers.Under the new pricing, 50 ml of the brand will now be priced at Rs 30 as against Rs 32 earlier, 100 ml at Rs 55 compared to Rs 60 and the 200 ml bottle will now ...
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Franchise India Bureau Sep 29 2017 - 1 min readNet profit of FMCG company Emami Limited declined 1.98 per cent at Rs 68.65 crore during the fourth quarter of last fiscal as compared to Rs 70.04 crore in the similar corresponding period.Turnover of the company during the fourth quarter of FY17 also declined marginally by 2.1 per cent at Rs 527 crore as against ...
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Franchise India Bureau Sep 29 2017 - 1 min readThe finance minster in Budget 2017 has increased farm credit target by Rs 1 lakh crore to Rs 10 lakh crore in Budget 2017-18 in order to increase credit flow in the agriculture sector.In the current fiscal year, the government's agriculture credit target is Rs 9 lakh crore.Allocation to the Mahatma Gandhi National Rural Employment ...