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Fashion Network
3 days ago
- Business
- Fashion Network
Gillette India Q4 net profit rises 60 percent to Rs 159 crore
Gillette India Limited (GIL) reported a net profit increase of 60 percent to Rs 159 crore ($18.7 million) in the March quarter of financial year 2024-25, compared to Rs 99 crore in the corresponding quarter of the previous financial year. The company's revenue for the quarter rose by 12 percent to Rs 767 crore, as against Rs 681 crore in the corresponding quarter of the previous fiscal year. For the financial year 2024-25, GIL reported sales of Rs 767 crore recording a profit after tax of Rs 418 crore. Commenting on the results, V Kumar, managing director of GIL in a statement said, 'The growth has been led by our grooming category. The consistent results year-on-year have been enabled by our teams' superior execution of the integrated 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 organisation – all aimed at delivering sustainable, balanced growth and value creation.' Gillette India is engaged in the manufacturing and sale of fast-moving consumer goods with strong presence in the grooming segment.
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Business Standard
26-05-2025
- Business
- Business Standard
Gillette India net profit rises 60% to ₹159 cr, revenue grows 12%
Gillette India Limited (GIL) reported a net profit increase of 60 per cent to ₹159 crore in the March quarter of financial year 2024-25, compared to ₹99 crore in the corresponding quarter of the previous financial year. The revenue from operations rose by 12 per cent to ₹767.47 crore in the quarter under review, compared to ₹680.74 crore in the March quarter last year. GIL concluded FY 2024-25 with sales of ₹767 crore, reflecting a 13 per cent growth over the prior year. The Board of Directors has proposed a final dividend of ₹47 per equity share for the financial year ended 31 March 2025, pending shareholder approval at the upcoming 41st Annual General Meeting. Including the interim dividend of ₹65 per share, the total dividend for the fiscal year amounts to ₹112 per share. The company also changed its financial year timeline. 'Effective this year, we have changed our financial year from 1 July – 30 June to 1 April – 31 March. The current financial year of the company covers a period of nine months, from 1 July 2024 to 31 March 2025,' it said. The company's performance has therefore been indexed versus the comparable nine-month period in the previous year (1 July 2023 to 31 March 2024). The performance versus a 12-month past fiscal will not be comparable. For the nine months ended 31 March 2025, GIL posted sales of ₹2,235 crore, representing a 12 per cent increase compared to the corresponding nine-month period last year. 'Driven by strong topline growth as well as deliberate productivity interventions to fuel superiority across the portfolio,' the company said in an exchange filing. V Kumar, Managing Director, GIL, said, 'The growth has been led by our Grooming category. The consistent results year-on-year have been enabled by our teams' superior execution of the integrated 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 organisation – all aimed at delivering sustainable, balanced growth and value creation.'
Business Standard
26-05-2025
- Business
- Business Standard
Gillette India spurts after good quarterly numbers
Gillette India surged 9.56% to Rs 9,583 after the company reported a 60.14% jump in net profit to Rs 158.68 crore on a 12.74% increase in revenue from operations to Rs 767.47 crore in the quarter ended March 2025 over the quarter ended March 2024. Profit before tax (PBT) stood at Rs 209.76 crore in the quarter ended March 2025, up 46.87% from Rs 142.82 crore reported in the corresponding period last year. During the quarter, the company's revenue from grooming was at Rs 644.57 crore (up 15.57% YoY) and revenue from oral care stood at Rs 122.90 crore (down 0.11% YoY). For the nine-month period ending 31 March 2025, the company reported sales of Rs 2,235 crore, up 12% from the comparable period last year. Net profit for the same period rose 41% to Rs 418 crore. The strong performance was attributed to a robust product portfolio, superior execution, and consistent innovation aimed at better serving Indian consumers. Effective this year, the company has changed its financial year from July 1 June 30 to April 1 March 31. Accordingly, the current financial year of the company ended on March 31, 2025, covering a period of 9 months from July 1, 2024, to March 31, 2025. V Kumar, managing director of Gillette India, said, Gillette India has continued to deliver a strong performance across top-line and bottom-line in the fiscal year. The growth has been led by our Grooming category. The consistent results year-on-year have been enabled by our teams superior execution of the integrated strategy, which we remain committed toa 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 organizationall aimed at delivering sustainable, balanced growth and value creation. This strategy is yielding consistent results for us and therefore remains the right way forward as we step into the new fiscal year. Meanwhile, the companys board declared a final dividend of Rs 47 per equity share for the financial year ended 31 March 2025. The dividend will be paid between 3 September 2025 and 30 September 2025, on approval of the members at the ensuing Annual General Meeting, the company said in a filing today. Gillette India is engaged in the manufacturing and sale of branded packaged fast-moving consumer goods in the grooming, portable power, and oral care businesses.
Mint
26-05-2025
- Business
- Mint
Gillette India Q3 Results: Profit jumps 60% YoY to ₹159 crore; dividend of ₹47 declared. Details here
Gillette India Q3 Results: Personal care consumer firm Gillette India on Monday posted a stellar set of numbers for the March quarter of the financial year 2024-25 (Q3 FY25), recording a 60% year-on-year (YoY) jump in its profit to ₹ 159 crore as against ₹ 99 crore in the corresponding quarter a year ago. The Procter & Gamble-owned company, known for its razors and shaving creams, saw revenue from operations rise 13% YoY to ₹ 767 crore during the quarter under review. The figure stood at ₹ 681 crore in the corresponding period last year. With this, for the nine months of the fiscal year, the company reported sales of ₹ 2235 crore, up 12% versus the comparable 9-month period last year, driven by a robust portfolio, superior execution and a consistent pipeline of innovation to better serve Indian consumers. During the same period, profit rose 41% to ₹ 418 crore, driven by strong topline growth as well as deliberate productivity interventions to fuel superiority across the portfolio. Effective this year, Gilette India changed its financial Year from July 1 – June 30 to April 1 – March 31. Therefore, the current financial year of the company covers a period of 9 months, from July 1, 2024, to March 31, 2025. V Kumar, Managing Director, Gillette India Limited, shared, 'Gillette India has continued to deliver a strong performance, across top-line and bottom-line in the fiscal. The growth has been led by our Grooming category.' Gillette India's board also recommended a dividend of ₹ 47 per equity share for the financial year ended March 31, 2025. The divided shall be paid between September 3, 2025, to September 30, 2025, on approval of the Members at the ensuing Annual General Meeting, the company said in a filing today. Earlier this year, Gillette India had announced an interim dividend of ₹ 65 per share, taking the total dividend payout for FY25 to ₹ 112 apiece. Following the announcement, Gillette India share price spiked 13% to the day's high of ₹ 9875 apiece. The stock settled at ₹ 9360, up 7% on the BSE.
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Business Standard
26-05-2025
- Business
- Business Standard
Gillette India Q4 results: Net profit rises 60% to ₹159 cr, revenue up 12%
Gillette India Limited (GIL) net profit increased by 60 per cent to ₹159 crore in the fourth quarter of financial year 2024-25, it ₹99 crore in the corresponding quarter of previous financial year. The revenue from operations rose by 12 per cent to ₹767.47 crore in the Q4FY25, it was ₹680.74 crore in the same quarter last year. GIL concluded FY 2024-25 with sales of ₹767 crore, reflecting a 13 per cent growth over the prior year. The Board of Directors has proposed a final dividend of ₹47 per Equity Share for the financial year ended March 31, 2025, pending shareholder approval at the upcoming 41st Annual General Meeting. Including the interim dividend of ₹65 per share, the total dividend for the fiscal year amounts to ₹112 per share. GIL recorded a profit after tax (PAT) of ₹418 crore for the fiscal year, reflecting a 41 per cent increase compared to the same period last year. The company performance has therefore been indexed versus the comparable 9-month period in the last year (July 1, 2023, to March 31, 2024). The performance versus a 12-month past fiscal will not be comparable. For the nine months ended March 31, 2025, GIL posted sales of ₹2,235 crore, representing a 12 per cent increase compared to the corresponding nine-month period last year. ''Driven by strong topline growth as well as deliberate productivity interventions to fuel superiority across the portfolio.'' the company said in an exchange filing. V Kumar, Managing Director, GIL, said, 'The growth has been led by our Grooming category. The consistent results year-on-year have been enabled by our teams' superior execution of the integrated 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.'.
