Emmbi Industries Limited, a polymer-based products manufacturer, reported a 4.04% increase in net profit to Rs 16.99 million for Q1 ended June 30, despite a 3.12% decrease in net sales to Rs 1041.63 million. Profit before tax rose marginally by 1.02% to Rs 22.82 million. The company received Rs 26 crore for converting 566,667 warrants into equity shares, increasing its paid-up equity share capital to Rs 192.40 million. Managing Director Makrand Appalwar noted improved bottom line despite sales dip and strengthened capital base.