Gillette India Q3 profit jumps 37 percent to Rs 48 crore

By

Maverick Martins

Published
May 9, 2019

FMCG major Gillette India Ltd witnessed a 37 percent surge in its net profit at Rs 48 crore ($6.9 million) for the third quarter ended on March 31, 2019.
 

The company had posted a net profit of Rs 36 crore during the same period last fiscal. Gillette India follows the July-June financial year.
 
Gillette India’s revenue for the quarter rose to Rs 469 crore during the quarter as compared to Rs 453 crore it had reported during the same period for the last financial year.

Commenting on the results, Madhusudan Gopalan, managing director at Gillette India Ltd in a statement said, “We have delivered growth for the third consecutive quarter this year driven by category development and execution excellence."
 
“We will continue to focus on raising the bar on the superiority of our products, packaging, go to market and communication, improving productivity and strengthening our organization and culture,” Gopalan added.
 
Gillette is one of India’s leading consumer goods companies with a strong presence in the men’s grooming segment.