Personal Products company Gillette India announced Q1FY25 results The Company delivered strong balanced growth during the quarter with sales of Rs 782 crore, up 17% vs year ago. Profit After Tax (PAT) of Rs 133 crore, up 43% vs year ago led by a strong sales growth. Kumar Venkatasubramanian, Managing Director, Gillette India said: “We have delivered a strong double-digit growth across both topline and bottom line in the quarter. These results are a testament to our teams’ execution of the integrated growth strategy, which we remain committed to – a focused product portfolio of daily use categories where performance drives brand choice, superiority (of product performance, packaging, brand communication, retail execution and consumer and customer value), productivity, constructive disruption, and an agile and accountable organization – all aimed at delivering sustainable, balanced growth and value creation.” Result PDF
Personal Products company Gillette India announced Q3FY24 results: - Gillette India Limited reported a sales increase to Rs 681 crore, showing a substantial growth of 10% compared to the previous year. - The Profit After Tax (PAT) showed a remarkable operational increase of 20%, reaching Rs 99 crores, owing to top-line growth and premiumization strategies. - Despite the operational increase in PAT, the reported profit after tax experienced a decline of 4% against the previous year. This was due to one-time tax effects in both the base year and the reporting quarter. LV Vaidyanathan, Managing Director, Gillette India shared, “We continue to deliver strong top line and share growth driven by our teams’ excellent execution of our integrated growth strategy. We remain committed to a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution and consumer and customer value — productivity, constructive disruption, and an agile and accountable organization. We are confident that these strategies will continue to help us deliver balanced growth and value creation.” Result PDF
Personal Products company Gillette India announced Q2FY24 results: Gillette delivered a balanced growth during the quarter with sales of Rs 639 crore, up 3% vs a year ago. Domestic sales are up 6% vs a year ago, driven by a robust portfolio, superior retail execution, and strong brand fundamentals. The Company reported Profit After Tax (PAT) at Rs 104 crore, up 40% vs year ago largely driven by productivity interventions, product price mix, and moderating cost inflation. The company has announced an interim dividend of Rs 85 per equity share for the financial year 2023-24. This interim dividend includes a one-time special dividend of Rs 40 per equity share to commemorate 40 years of serving consumers, customers, shareholders, employees, and society. LV Vaidyanathan, Managing Director, Gillette India, shared, “For 7 consecutive quarters now, we have delivered a balanced top-line and bottom-line growth. Our teams’ execution of our integrated growth strategy has enabled us to build and sustain strong momentum. We stay committed to our strategies of a focused product portfolio of daily use categories where performance drives brand choice, and superiority — across product performance, packaging, brand communication, retail execution, and consumer and customer value — productivity, constructive disruption, and an agile and accountable organization. We are confident that these strategies will continue to help us deliver balanced growth and value creation.” Result PDF