Hot Pursuit     03-Nov-21
Gillette India skids after Q1 PAT slips 14.02% YoY to Rs 82 cr
Gillette India fell 1% to Rs 5752 after the company's net profit declined 14.02% to Rs 81.93 crore on 11.02% rise in net sales to Rs 573.31 crore in Q1 September 2021 over Q1 September 2020.
Profit before tax (PBT) fell 8.37% year-on-year to Rs 112.05 crore in Q1 September 2021.

Net sales rose behind strong brand fundamentals, strength of product portfolio and improved retail execution.

Both Grooming and the Oral Care businesses recorded strong growth ahead of their categories. Revenue from Grooming segment stood at Rs 422.48 crore, up 26.80% QoQ and up 6.82% YoY. Revenue from Oral Care segment stood at Rs 150.83 crore, up 46.72% QoQ and up 24.76% YoY.

Compared to the corresponding quarter two years ago, prior to the pandemic, company sales are up 24% and PAT is up by 32%.

Madhusudan Gopalan, managing director, Gillette India said, "In a challenging market environment and a higher base period, we have delivered double digit sales growth. As the market continues to recover, we will continue to focus on our strategy of driving superiority and productivity, enabled by strength of our organization and culture. These strategies have enabled us to deliver strong results as we navigate through the pandemic, and they remain the right strategies to deliver balanced top and bottom line growth in future."

Gillette India is one of India's well-known FMCG companies that has some of the world's leading brands Gillette and Oral B.

Previous News
  Gillette India fixes record date for interim dividend
 ( Market Beat - Reports 27-Jan-22   11:40 )
  Gillette India
 ( Results - Analysis 30-Aug-24   10:08 )
  Gillette India standalone net profit rises 6.81% in the September 2023 quarter
 ( Results - Announcements 31-Oct-23   13:04 )
  Gillette India skids after Q1 PAT slips 14.02% YoY to Rs 82 cr
 ( Hot Pursuit - 03-Nov-21   09:18 )
  Gillette India to conduct board meeting
 ( Corporate News - 06-Aug-22   12:20 )
  Board of Gillette India recommends Interim Dividend
 ( Corporate News - 03-Feb-22   09:46 )
  Gillette India Q1 PAT rises 7% YoY to Rs 93 cr
 ( Hot Pursuit - 31-Oct-23   14:11 )
  Gillette India standalone net profit rises 63.46% in the September 2016 quarter
 ( Results - Announcements 02-Dec-16   11:11 )
  Gillette India standalone net profit rises 30.53% in the March 2017 quarter
 ( Results - Announcements 06-May-17   15:36 )
  Gillette India standalone net profit rises 1.57% in the September 2018 quarter
 ( Results - Announcements 03-Nov-18   09:14 )
  Gillette India appoints director
 ( Corporate News - 25-Jan-17   10:21 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top