The company’s PAT for the same period last year was Rs 154 crore.
During the quarter, the company delivered a strong growth with sales of Rs 1,138 crore, up 9% from Rs 1,045 crore recorded in the year ago period. The sales growth was driven by a superior retail execution and integrated growth strategy.
Profit before tax for Q1 of 2023 was Rs 284 crore, up by 38% from Rs 206 crore posted in Q1 of 2022.
LV Vaidyanathan, Managing Director, Procter & Gamble Hygiene and Health Care Ltd. shared,“Wedelivered a strong top and bottom-line growth in the quarter, by executingour integrated strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution and consumer and customer value —productivity, constructive disruption, and an agile and accountable organization.
Our team’s execution of these strategies has enabled us to build momentum in the first quarter, and we are confident that these strategies will help us deliver balanced growth and value creation.”
Procter & Gamble Hygiene and Health Care (PGHHCL) is one of India’s leading FMCG companies that has in its portfolio WHISPER, VICKS and Old Spice.
The scrip had declined 1.37% to end at Rs 16744.25 on the BSE today.
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