Gillette India tap up 26.4 pc to Rs 116 cr in Jun qtr, Retail Information, ET Retail

.Rep ImageShaving products manufacturer Gillette India Ltd on Thursday stated a 26.4 percent growth in profit after tax obligation (PAT) to Rs 115.97 crore for the June one-fourth. The provider, which observes the July-June fiscal year, had actually stated a revenue of Rs 91.75 crore in the year-ago time frame, Gillette India Ltd (GIL) said in a BSE filing. Its earnings from functions enhanced 4.17 per-cent to Rs 645.33 crore during the one-fourth under review coming from Rs 619.44 crore in the corresponding time period a year earlier.

The sales development was “driven by a robust portfolio, strong company principles and also premium retail completion”, Gillette India stated in an earnings claim, including its dab was assisted by “strong sales growth in the current quarter”. Gillette India’s total expenditure was actually down 1.17 percent to Rs 494.68 crore in the June one-fourth. Its revenue from the cleaning segment was actually up 7 percent to Rs 519.68 crore.

Meanwhile, dental treatment was down 6.28 per-cent to Rs 125.65 crore in the April-June duration. The complete income of GIL, including various other revenue, was up 4.11 per cent to Rs 649.91 crore. GIL’s PAT for the fiscal year, which ended on June 30, 2024, was actually up 15.75 percent to Rs 411.70 crore.

Its own profits from functions for the fiscal year was up 6.3 per-cent to Rs 2,633.085 crore. Besides, GIL’s directors have highly recommended a last returns of Rs forty five every equity share for the financial year ended June, 2024, which will undergo the commendation of investors in AGM. Reveals of Gillette India Ltd on Tuesday were at Rs 8,993.90 on the BSE, up 0.24 per-cent coming from the previous close.

Posted On Aug 30, 2024 at 11:40 AM IST. Join the area of 2M+ business experts.Sign up for our email list to get most up-to-date insights &amp analysis. Download ETRetail Application.Obtain Realtime updates.Save your much-loved posts.

Browse to download App.