International business grew by 8% during the quarter with a constant currency growth of 11% led by strong growth in SAARC, GCC & CIS regions. The quarter also witnessed strong double digit growth of major brands like Navratna, 7 Oils in One, Fair and Handsome and Creme 21 in the International markets.

During the quarter, EBIDTA stood at Rs 190 crore grew by 10% with margins at 23.0% expanding by 60 basis points.

Harsha V Agarwal, vice chairman and managing director, Emami, said, “While erratic summer & unseasonal rains impacted summer product offtakes, our non-summer portfolio grew strongly by 16%. International business also continued its growth trajectory with 11% constant currency growth. With inflation moderating further, we look to the future with increased optimism and confidence.”

Mohan Goenka, vice chairman and whole-time director, Emami, said, “The quarter witnessed strong performance by our Pain Management, BoroPlus and Healthcare range which grew in double digits, with Dermicool posting a high single digit growth. Backed by our resilient and competitive performance and aided by softening of input cost, we could deliver healthy expansion of gross margin and EBIDTA and a robust profit growth of 87%.”

Emami is one of India's leading FMCG Companies engaged in manufacturing & marketing of personal care & healthcare products. Its portfolio includes brands like Navratna, BoroPlus, Fair & Handsome, Zandu Balm & Mentho Plus. In 2015, the Company acquired the business of 'Kesh King' and forayed into the Ayurvedic hair & scalp care segment. In, 2019, the company acquired Creme 21, a German brand with strong roots & brand recall.