The company's profit after tax (PAT) grew on the back of premiumization, deliberate productivity interventions, partially offset by a one-time expense. Excluding this one-time impact, operational PAT was up 14% versus year ago.

Revenue from operations grew by 7.68% year on year to Rs 667.55 crore in the quarter ended 30 September 2023.

Profit before tax stood at Rs 125.16 crore in the September quarter, up 4.33% from Rs 119.96 crore reported in the corresponding quarter previous year.

During the quarter, the company's revenue from Grooming was at Rs 527.47 crore (up 7.78% YoY) and revenue from Oral Care stood at Rs 140.08 crore (up 7.32% YoY).

The company delivered a balanced growth during the quarter with sales of Rs 668 crore, up 8% as compared with a year ago, driven by superior retail execution, strong brand fundamentals and its integrated growth strategy.

LV Vaidyanathan, managing director, Gillette India, said, ÒWe have started the fiscal on a balanced note, with an encouraging top-line and bottom-line growth. This sequential growth comes behind strong execution of our integrated strategies of a focused product portfolio, superiority, productivity, constructive disruption, and an agile and accountable organization structure. We remain committed to these strategies in the near-term, to continue driving a balanced top and bottom-line growth in a competitive macro-economic environment.Ó

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.

Shares of Gillette India shed 0.17% to Rs 6,205.05 on the BSE.