Emami Q4 net up 33% to Rs 72 cr

FMCG firm Emami Ltd on Tuesday said its consolidated net profit rose by 32.64 per cent to Rs 72.37 crore for the fourth quarter ended March 31, 2012, mainly due to strong sales growth in various brands including Navratna oil and Zandu Balm.

The company had posted a net profit of Rs 54.56 crore for the corresponding period of previous fiscal, Emami said in a statement.

For the year ended March 31, 2012, the company posted a net profit of Rs 258.81 crore, compared to Rs 228.71 crore in 2010-11.

Net sales of the company rose to Rs 1,453.51 crore for the 2011-12 financial year as compared to Rs 1,247.07 crore in the previous financial year.

The company's board, which met on Tuesday, recommended a dividend of Rs 4 per share. It has also recommended special dividend of Rs 4 per share, taking the total dividend to Rs 8 per share.