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Emami reports a 9% profit rise despite cutting ad spending, amid mixed performance across segments.
Emami, an FMCG company, reported a 9% increase in quarterly profit to Rs 164 crore despite reducing ad spending by 2%, to Rs 179.75 crore.
The core domestic business grew 6%, but the talcum and PHP segment dropped 17% due to weather issues.
Emami introduced new products and is optimistic about future growth, citing potential improvements in macroeconomic conditions and a strong monsoon.
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Emami informa un aumento del 9% en las ganancias a pesar de recortar el gasto publicitario, en medio de un rendimiento mixto en todos los segmentos.