Gillette India Ltd (GIL) has reported a marginal rise in its net profit for the third quarter ended March 31, 2009, to Rs 28.46 crore, compared with Rs 28.41 crore in the year-ago period.
The net sales of the company grew 21.69 per cent to Rs 171.78 crore, compared with Rs 141.16 crore in the corresponding period of the previous fiscal, GIL said in a statement.
“Growth across business segments has been encouraging, especially given the current economic environment. In blades and razors, we continue to outperform, achieving the highest-ever market share this quarter, and sustained clear market leadership,” said Shantanu Khosla, managing director, GIL.