The macroeconomic environment during the quarter presented a mixed bag of challenges and opportunities. Urban demand faced headwinds, influenced by rising food inflation and liquidity constraints in retail and wholesale trade channels. Conversely, rural demand showcased
resilience, buoyed by favorable monsoon conditions and a robust harvest, providing a silver lining amidst market uncertainties. However, the delayed onset of winter impacted seasonal categories, adding another layer of complexity to an already dynamic market environment. Despite these macroeconomic headwinds, the company reported a robust growth of 9% in its core domestic business, driven by a healthy volume growth of 6%. With the endorsement of Kartik Aaryan as the brand ambassador and exciting new product launches on the horizon, the company is confident that Smart and Handsome will further cement its leadership in the evolving male grooming market. Additionally, the launch of Mentho Plus Balm Total in the southern region in December 2024 has expanded the company’s offerings in the pain management segment, leveraging the trusted equity of Mentho Plus Balm. The Board of Directors announced a second interim dividend of 400%, amounting to ₹4 per equity share for FY24. This follows the first interim dividend of 400%, also amounting to ₹4 per share, declared in Q2. With this, the cumulative dividend payout for FY24 stands at an impressive 800%, equivalent to ₹8 per share. This underscores the company’s unwavering
commitment to maximizing shareholder returns and its adherence to a robust dividend payout policy.
Mr Harsha V Agarwal, Vice Chairman and Managing Director, Emami Limited said: ” I am pleased to announce a healthy 9% growth in our core domestic business, driven by a healthy 6% increase in volume in Q3FY25. This marks the second quarter with high single-digit
growth, coupled with expansion in both Gross margins and EBIDTA margins despite rising input costs across the sector.
Mr Mohan Goenka, Vice Chairman and Whole-Time Director, Emami Limited said:”FY25 is shaping up to be a promising year as we continue to deliver profit-driven growth, achieving improved margins across the board and outperforming industry benchmarks. EBITDA
increased by 8% during the quarter, with margins expanding by 70 basis points underscoring our strong focus on operational excellence.
