PG•Gillette India’s second-quarter net profit rose 10.8% to 1.59 billion rupees, while revenue increased 4.4% to 8.46 billion rupees. The company said a productivity programme helped mitigate significant commodity cost pressures.
Gillette India reported standalone net profit of 1.59 billion rupees for the quarter ended September 30, compared with 1.44 billion rupees a year earlier. Revenue from operations rose 4.4% to 8.46 billion rupees, while total expenses increased 2.2%.
Revenue from grooming, which accounts for about 80% of total sales, increased 2% to 6.79 billion rupees, and segment profit climbed 18.5%. The company said its productivity programme helped offset significant commodity cost pressures but did not specify the measures.
