financetom
Business
financetom
/
Business
/
COVID worries over; expect double-digit revenue growth from winter products, says Emami
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
COVID worries over; expect double-digit revenue growth from winter products, says Emami
Dec 23, 2020 4:39 AM

Emami, whose stock has seen a 35 percent upmove this year and a 220 percent rally from March lows, has said that the COVID worries are over for the company.

Mohan Goenka, Director of Emami, said that the company expects a double-digit revenue growth due to winter products for Q3 as well. The company saw double-digit growth in the last quarter.

In an interview with CNBC-TV18, Goenka said, “Winter is a key season for Emami and it has set in pretty well in most parts of India. So that’s helping this growth and also some of the healthcare products which were doing well because of COVID; they are still firing.”

“We have 12-13 percent of revenues coming from healthcare products. Last quarter we had a growth of about 40 percent in the healthcare range and in this quarter also, we are expecting it to be on similar lines,” he said.

For more details, watch video

First Published:Dec 23, 2020 1:39 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: EchoStar's Spectrum Crisis Draws White House Intervention; Shares Rise Pre-Bell
Market Chatter: EchoStar's Spectrum Crisis Draws White House Intervention; Shares Rise Pre-Bell
Jun 16, 2025
06:50 AM EDT, 06/16/2025 (MT Newswires) -- EchoStar ( SATS ) shares rose more than 48% in Monday's premarket activity as President Donald Trump stepped in to mediate a growing conflict between the company and Federal Communications Commission Chairman Brendan Carr over wireless spectrum licenses, Bloomberg reported Saturday. According to the report, the Federal Communications Commission launched an investigation into...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Eaton to buy Ultra PCS Limited from Cobham Ultra Group for $1.55 billion
Eaton to buy Ultra PCS Limited from Cobham Ultra Group for $1.55 billion
Jun 16, 2025
June 16 (Reuters) - Electrical equipment maker Eaton on Monday said it has signed an agreement to acquire engineering solutions company Ultra PCS Limited from Cobham Ultra Group in a $1.55 billion deal. ...
ReNew Energy Global's Fiscal Q4 Earnings, Revenue Rise
ReNew Energy Global's Fiscal Q4 Earnings, Revenue Rise
Jun 16, 2025
06:54 AM EDT, 06/16/2025 (MT Newswires) -- ReNew Energy Global ( RNW ) reported fiscal Q4 earnings Monday of 8.11 Indian rupees ($0.10) per diluted share, up from 1.29 rupees a year earlier. Three analysts polled by FactSet expected 3.33 rupees. Revenue for the quarter ended March 31 was 29.05 billion rupees, up from 18.12 billion rupees a year earlier....
Copyright 2023-2026 - www.financetom.com All Rights Reserved