P&G Q4 net profit jumps 36 percent to Rs 61 crore
Procter & Gamble Hygiene and Health Care (P&G) witnessed a 36 percent jump in its net profit to Rs 61 crore ($8.6 million) for the fourth quarter ended June 31, 2019, as against a net profit of Rs 45 crore it had reported in the year-ago quarter.
The company’s revenue rose by 22 percent to Rs 647 crore as against Rs 531 crore in had posted during the April-June quarter last year. P&G follows a July-June financial year.
Commenting on the results, P&G’s managing director Madhusudan Gopalan in a statement said, “In a challenging market environment, we delivered strong double-digit growth for the year and the fourth quarter. Our focus on raising the bar on superiority, improving productivity, and strengthening the organization culture has enabled us to deliver strong results consistently throughout the fiscal.
“We will continue to focus on delivering balanced and sustained growth in a challenging and competitive macroeconomic environment,” he added.
P&G India has a strong pan India presence, especially in the beauty and grooming segment.
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