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Mohan Goenka

Destocking due to GST hits Emami's revenue in June quarter

FMCG major Emami Limited on Wednesday said significant destocking due to implementation of the Goods and Services Tax (GST) and inventory correction along with the geopolitical condition in the international markets have impacted its revenue in April-June quarter. Its consolidated...

Emami net profit remains flat, hit by demonetisation

FMCG major Emami Ltd on Monday reported a marginal increase in its consolidated net profit (after taxes, minority interest and share of profit of associates) to Rs 134.34 crore for the quarter ended December 31, 2016, as compared to...

Brand Impact

Brand equity plays a major role in a volatile business milieu as consumers generally buy trusted brands rather than trying out new ones, observes Mohan Goenka, Director, Emami Ltd Foundation  Kolkata headquartered Emami Ltd (the flagship company of the Rs...

Emami Q4 PAT Stands at Rs 111 Crore

FMCG major Emami has announced that in the fourth quarter PAT stood at Rs 111 crore, growing by 18.3 percent over the corresponding quarter in the previous year, not withstanding a 1.2 percent decline in net sales at Rs...

Emami to diversify into cement biz

Kolkata-based FMCG major Emami is diversifying into cement business and will invest Rs 1,750 crore to set up production units in the next three years. “We are diversifying into the cement business, considering the potential and demand of it in...

Emami to consolidate under one umbrella

Emami Group which runs retail businesses under the banner Emami Retail Private Ltd, Real Value Projects Private Ltd and Frank Ross Ltd (drugstore retailing), plans to consolidate its businesses under one umbrella and go for a corporate brand makeover. "We...
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The Luxottica report card for 2022

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