Emami Shares Drop After Q4 Miss; Revenue, Profit Slide on Seasonal and Geopolitical Headwinds
Emami Ltd. shares declined after the company reported weaker-than-expected fourth-quarter results, with both revenue and net profit falling year-on-year. Management pointed to adverse seasonal conditions and geopolitical disruption in West Asia as contributors to the shortfall. The quarter showed gross margin improvement through cost measures but h…