Columns

Gillette India rub up 26.4 computer to Rs 116 cr in Jun qtr, Retail Information, ET Retail

.Rep ImageShaving items maker Gillette India Ltd on Thursday reported a 26.4 per cent surge in income after tax (PAT) to Rs 115.97 crore for the June quarter. The firm, which complies with the July-June fiscal year, had stated a revenue of Rs 91.75 crore in the year-ago duration, Gillette India Ltd (GIL) pointed out in a BSE submitting. Its own income from functions improved 4.17 per cent to Rs 645.33 crore in the course of the quarter under review from Rs 619.44 crore in the equivalent duration a year earlier. The sales development was "steered by a durable collection, solid label fundamentals as well as remarkable retail implementation", Gillette India said in an earnings claim, incorporating its PAT was assisted by "tough sales development in the existing one-fourth". Gillette India's total expense was actually down 1.17 per-cent to Rs 494.68 crore in the June fourth. Its own revenue coming from the cleaning sector was up 7 per-cent to Rs 519.68 crore. At the same time, dental care was down 6.28 per-cent to Rs 125.65 crore in the April-June time frame. The total profit of GIL, consisting of other income, was actually up 4.11 percent 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 revenue from operations for the financial year was actually up 6.3 per-cent to Rs 2,633.085 crore. Besides, GIL's directors have actually encouraged a final dividend of Rs 45 every equity allotment for the financial year ended June, 2024, which will undergo the commendation of investors in AGM. Shares of Gillette India Ltd on Tuesday were at Rs 8,993.90 on the BSE, up 0.24 per-cent from the previous shut.
Posted On Aug 30, 2024 at 11:40 AM IST.




Join the community of 2M+ field experts.Sign up for our e-newsletter to receive newest ideas &amp analysis.


Download ETRetail App.Obtain Realtime updates.Spare your preferred short articles.


Scan to download and install App.