FMCG company Gillette India announced Q2FY23 results: Q2FY23: In a challenging macroeconomic environment, the company delivered sales of Rs.620 crore, up 8% vs Q2FY22 behind strong brand fundamentals, the strength of product portfolio and improved retail execution, leading to market share growth. Profit After Tax (PAT) was Rs. 87 crore, up 6% vs Q2FY22 behind premiumization and deliberate productivity interventions. Compared to the corresponding pre-covid quarter three years ago, company sales are up 34% and PAT is up 41%. LV Vaidyanathan, Managing Director, Gillette India Ltd. said, “Despite continued macroeconomic challenges and significant headwinds, we have started the fiscal on a strong note with sales and profit both growing. We remain committed to our integrated strategies, which have enabled us to build and sustain strong momentum. As the near-term continues to be marked by cost and operating challenges, we remain focused on productivity and innovation to drive balanced top and bottom-line growth.” Result PDF