Emami hikes product prices by 4% to offset cost pressure, la

Emami hikes product prices by 4% to offset cost pressure, launches project Khoj


Emami hikes product prices by 4% to offset cost pressure, launches project Khoj
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Last Updated: Jun 06, 2021, 03:14 PM IST
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Synopsis
The company's long awaited project Khoj that aims deeper rural reach to retain profitability momentum, has been launched in Uttar Pradesh with the relaxation of lockdown. The project "we had already rolled out got delayed due to COVID-19 disruptions since last year," the official said.
Agencies
"With the price rise we do not foresee any pressure on gross and EBITA margins as of now," he said.
FMCG major
Emami Ltd has raised product prices on an average by four per cent in the current fiscal to offset the present input cost pressure that will help the company to retain a gross margin of 66-67 per cent, a senior company official said on Sunday. The company's long awaited project Khoj that aims deeper rural reach to retain profitability momentum, has been launched in Uttar Pradesh with the relaxation of lockdown. The project "we had already rolled out got delayed due to COVID-19 disruptions since last year," the official said.

Related Keywords

Uttar Pradesh , India , Bihar , Mohan Goenka , , Director Mohan Goenka , Andhra Pradesh , Yproduct Prices , Semami , Covid 19 , Project Khoj , Cost Pressures , உத்தர் பிரதேஷ் , இந்தியா , பிஹார் , மோகன் கொெந்க் , இயக்குனர் மோகன் கொெந்க் , ஆந்திரா பிரதேஷ் , ப்ராடக்ட் ப்ரைஸஸ் , செலவு ப்ரெஷர்ஸ் ,

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