Emami Q2 profit drops 30% on GST disruption; CFO eyes double-digit H2 recovery
Emami's net profit fell 30.2% to ₹148.3 crore as GST changes hit 88% of turnover and weak summer demand squeezed EBITDA margins ~500bps. Management expects near double-digit H2 FY26 growth led by modern trade, e-commerce (new channels ~30% of turnover) and relaunched Smart & Handsome and Kesh King brands.
Emami's Q2 net profit fell 30.2% to ₹148.3 crore amid GST disruption and weak summer sales, but CFO expects near double-digit H2 growth driven by modern trade, e-commerce, and relaunched Smart & Handsome and Kesh King brands.