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Emami Q1 Results Review - Favorable Seasonality Aids Growth: ICICI Securities

Gross and operating margins remain healthy with significant increase in ad-spends which is likely to continue with aggressive new product launches in FY25, adds the brokerage.

<div class="paragraphs"><p>Range of Zandu brand products manufactured by Emami Ltd. (Source: Company website).</p></div>
Range of Zandu brand products manufactured by Emami Ltd. (Source: Company website).
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