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BUZZ-India's Emami jumps on higher quarterly profit

Reuters
Feb 05
BUZZ-India's Emami jumps on higher quarterly profit

** Shares of India's Emami EMAM.NS jump 3.4% to 505.85 rupees

** Consumer goods' maker posts14.3% y/y jump in Dec-qtr profit to 3.19 billion rupees ($35.3 million), rev up 9.8%

** Jefferies ("buy", PT: 650 rupees) says ~9% volume growth and margin expansion drove earnings beat, with management positive on rural demand

** CLSA ("hold", PT: 531 rupees) says sales were in line, while profit beat estimates on lower expenses and higher EBITDA margins

** Axis Capital ("buy", PT: 670 rupees) sees healthy volume-led growth and favourable risk-reward, citing recovery after GST-related disruptions

** Stock rated "buy" on avg, median PT 650 rupees -- data compiled by LSEG

** EMAM dropped 11.7% in 2025, stock down 7.4% YTD

($1 = 90.4400 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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