The firm also re-designated Mohan Goenka and Harsha V Agarwal as Vice Chairman-cum-Whole Time Director and Vice Chairman-cum-Managing Director respectively.
Revenue from operations was up 14.89 per cent at Rs 933.61 crore in the quarter under review as against Rs 812.64 crore in the same period a year ago.
However, Emami Director Harsha V Agarwal denied such a possibility. "We do not have any interest in this potential acquisition opportunity," he said in an e-mailed statement.
Emami has been acquiring brands domestically and internationally to wade into new product categories. Earlier this year, the FMCG major acquired a controlling stake in Australia-based Fravin Pty, along with its three subsidiaries for an undisclosed sum. Fravin Pty manufactures natural and organic personal care products.
Shares of Emami fell nearly 8 percent intraday Tuesday. The FMCG major entered into an agreement with Sanjeev Juneja to acquire his hair & scalp care business under the Kesh King and allied brands.