New Delhi: Kolkata-based Emami Ltd., the maker of Boroplus cream and Navratna oil, on Monday reported a 31.1% jump in third-quarter net profit to Rs151 crore as cost controls and easing of input prices countered subdued growth in sales.

The profit was notched up on a 6.6% increase in net sales to Rs585 crore. Erratic weather conditions and a moderation in consumer demand across rural and urban households kept sales growth muted. A delayed winter dented sales of the company’s seasonal brand, Boroplus cream.

“Despite depressed market conditions due to sluggish economy, high inflation and erratic weather, Emami has been able to sustain modest growth," director Mohan Goenka said.

The company’s earnings before interest, taxes, depreciation and amortization (Ebitda), a measure of operating profitability, rose 29.1% to Rs177 crore.

Shares of the company rose 1.92% to close at Rs443.85 on BSE on a day the benchmark Sensex closed 0.67% higher at 21,205.05 points.

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