Gillette India PAT grows 23 per cent in Q4
Gillette India Limited reported sales of Rs. 466 crore for the quarter ended March 2019 on Thursday. The company's sales were up 3 per cent YoY.
The company's Profit After Tax (PAT) was Rs. 88 crores, up 23 per cent YoY, due to continued focus on cost efficiencies. Sales for the year till date were up 10 per cent and PAT was up 7 per cent YoY.
Speaking about the company's results, Madhusudan Gopalan, MD of Gillette India 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 superiority of our products, packaging, go-to-market and communication, improving productivity and strengthening our organisation and culture.”
Gillette India Limited is a leading FMCG well-known for shaving brand Gillette and Oral-B.
On Thursday, the stock of Gillette closed at Rs. 7,008.00, down by Rs. 274.00 or 3.76 per cent on BSE.