Gillette India PAT up 26.4 computer to Rs 116 cr in Jun qtr, Retail News, ET Retail

.Agent ImageShaving items maker Gillette India Ltd on Thursday reported a 26.4 per cent rise in revenue after tax (PAT) to Rs 115.97 crore for the June quarter. The company, which complies with the July-June fiscal year, had reported a profit of Rs 91.75 crore in the year-ago time period, Gillette India Ltd (GIL) said in a BSE submitting. Its profits from operations raised 4.17 per-cent to Rs 645.33 crore during the course of the one-fourth under evaluation from Rs 619.44 crore in the equivalent time frame a year previously.

The purchases growth was “steered through a durable portfolio, sturdy brand name essentials and first-rate retail implementation”, Gillette India said in an incomes declaration, including its own dab was actually helped by “solid sales growth in the current one-fourth”. Gillette India’s complete expenditure was actually down 1.17 percent to Rs 494.68 crore in the June fourth. Its revenue from the grooming section was actually up 7 per cent to Rs 519.68 crore.

Meanwhile, dental treatment was down 6.28 per cent to Rs 125.65 crore in the April-June time period. The total profit of GIL, consisting of other income, was up 4.11 percent to Rs 649.91 crore. GIL’s tap for the fiscal year, which ended on June 30, 2024, was up 15.75 per-cent to Rs 411.70 crore.

Its profits from operations for the fiscal year was up 6.3 per cent to Rs 2,633.085 crore. Besides, GIL’s supervisors have suggested a final returns of Rs 45 every equity allotment for the financial year ended June, 2024, which are going to undergo the approval of investors in AGM. Portions of Gillette India Ltd on Tuesday went to Rs 8,993.90 on the BSE, up 0.24 per cent from the previous shut.

Released On Aug 30, 2024 at 11:40 AM IST. Join the community of 2M+ market experts.Sign up for our email list to get latest insights &amp study. Install ETRetail Application.Obtain Realtime updates.Spare your favourite articles.

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