Gillette announces dividend and Q4 results

The company announced the results for quarter ended June 30, 2019 wherein its net profit increased by 32.35 per cent YoY to Rs. 45.82 crore. The company also declared a final dividend of Rs. 25 per equity share.

For the quarter ended June 30, 2019 the total income increased by 11.49  per cent to Rs. 466.39 crore from Rs. 418.33 in the same quarter of the previous fiscal year. For FY19, the company’s total income expanded by 11 per cent to Rs. 1875.25 crore from Rs. 1689.6 for FY18. In FY19, PBT stood at Rs. 339.05 crore, decreasing by 1.61 per cent compared to Rs. 344.6 crore in FY18. Post tax adjustments, Gillette posted a net profit of Rs. 252.92 crore in FY19 as against a net profit of Rs. 229.05 crore in FY18.

For the Financial Year ended June 30 2019, the Board of Directors declared a final dividend of Rs.25 per equity share, having a nominal value of Rs.10 each. Dividend is set to paid between December 1 to 20, 2019 post approval of shareholders.

On Thursday, the stock of Gillette India Ltd. closed at Rs. 7131, an increase by 0.93 per cent or Rs. 65.45 per share. Its 52-week high is Rs. 7906 and 52-week low is Rs. 6200 on BSE.