Domestic volumes and international growth drive double-digit topline expansion; Board approves Rs 6 interim dividend
FMCG major Emami reported a 14.5 per cent year-on-year rise in consolidated net profit to Rs 319.5 crore for the third quarter of FY26, supported by 9 per cent volume growth, margin expansion and steady demand across domestic and international markets. Revenue from operations increased 9 per cent to Rs 1,151.8 crore compared with Rs 1,049.5 crore in the year-ago period.
Consolidated net sales stood at Rs 1,147 crore, up 11 per cent. The domestic business grew 11 per cent, led by 9 per cent volume growth, while international operations recorded 9 per cent growth. Organised trade contributed around 32 per cent of domestic revenues, up 280 basis points year-on-year. Quick commerce doubled sales and accounted for 20 per cent of the company’s ecommerce business, the company said in an exchange filing.
Earnings before interest, tax, depreciation and amortisation (Ebitda) rose 13.4 per cent to Rs 384.2 crore from Rs 338.7 crore a year earlier. Ebitda margins improved marginally to 33.4 per cent from 33.3 per cent. Gross margins expanded 30 basis points to 70.6 per cent, aided by cost discipline and stable input prices.
Profit before tax, before exceptional items, grew 18 per cent to Rs 355 crore. The company recorded a labour code-related impact of Rs 10.2 crore during the quarter.
The Board approved a second interim dividend of 600 per cent, translating to Rs 6 per equity share for FY26. With this, the total dividend declared for the nine months ended FY26 stands at Rs 10 per share.
The company said the quarter saw sequential improvement after disruptions linked to the GST 2.0 transition in the early part of the period. A favourable winter season supported demand for the winter portfolio and health supplements. Rural demand remained resilient, supported by stable agricultural incomes and government initiatives, while urban demand showed gradual improvement amid easing inflation.
Demand was supported by a favourable winter season boosting the winter care portfolio and health supplements. Rural consumption remained resilient, aided by stable agricultural incomes and government initiatives, while urban demand gradually improved amid easing inflation.
During the quarter, the company expanded its portfolio through intoduction of new product across categories. These included Kesh King Gold Advanced Hair Growth Serum and BoroPlus Deeply Moisturising Lip Balm. Under the Zandu portfolio, the company introduced Apple Cider Vinegar Effervescent Tablets and Good Gut Constipation Relief Tablets. The Man Company expanded its premium male grooming range, while Brillare’s Rosemary Oil Shots gained market traction.
International business growth was led by SAARC and CIS markets, supported by recent product extensions aimed at category expansion.
“Despite short-term disruptions related to the GST 2.0 transition early in the quarter, our business delivered robust sales growth, reflecting the resilience of our brands and operating model. Growth was broad-based across all distribution channels, with quick commerce continuing to scale rapidly, doubling sales and now contributing 20 per cent of our ecommerce business,” said Mohan Goenka, Vice Chairman and Whole-Time Director, Emami.
