Gillette India net profit rises 32.3% at Rs 45.82 crore in June quarter

Topics Gillette India

Gillette India Ltd on Thursday reported a 32.35 per cent rise in net profit at Rs 45.82 crore for the fourth quarter ended June 30, 2019.

The company, which follows July-June financial year, had reported a net profit of Rs 34.62 crore in the April-June period a year ago, Gillette India said in a BSE filing.

Gillette India's revenue from operations during the quarter under review rose 13.22 per cent to Rs 463.97 crore from Rs 409.76 crore in the corresponding quarter last fiscal.

Total expenses increased 23.15 per cent to Rs 450.59 crore from Rs 365.88 crore in the year-ago period.

The company reported a net profit of Rs 252.92 crore for the financial year ended June 30, 2019 as against Rs 229.05 crore in the corresponding period last year.

Its revenue from operations for the fiscal stood at Rs 1,861.65 crore as against Rs 1,676.85 crore in the financial year ended June 30, 2018.

Meanwhile, in a separate filing Gillette India informed BSE that its board in a meeting held on Thursday has declared a final dividend of Rs 25 per equity share for the financial year ended June 30, 2019.

Shares of Gillette India Ltd on Thursday settled at Rs 7,131.95 on the BSE, up 0.93 per cent from the previous close.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel