Wipro's consumer care division, which contributes nine per cent to the parent's turnover, reported a 26 per cent growth in topline to Rs 1,008 crore and a 29 per cent growth in operating income to Rs 113 crore for the quarter ended September 30, 2012.
The results come on the heels of the announcement yesterday by Wipro that it was demerging its consumer business into a separate unlisted company.
The demerger, however, will be completed by May-June next year, which will mean that the company will continue reporting its numbers for the next two quarters.
Anil Chugh, senior vice-president, Wipro Consumer Care & Lighting (WCCL) said that the growth during the second quarter was driven by brands Santoor, Aramusk and Yardley in the FMCG segment. Lighting and furniture also contributed to topline growth, he said.
As things stand now, FMCG (including domestic and international) gives WCCL the bulk of its revenues. Within FMCG, WCCL has four areas of focus - personal wash, that is, soaps, skincare, fragrances and male grooming.
While in soaps and skincare, the main driver remains Santoor, in fragrances, Wipro is pushing Yardley, and in male grooming, it is Aramusk, which the company acquired from Mumbai-based VVF Ltd last year.