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The stainless steel the Gillette-brand razor maker uses is highly specialised to prevent nicks and cuts and is only produced in large quantities by a handful of companies
Shares of Gillette India soared up to 11.54 per cent at Rs 9,537.70 per share on the BSE in Tuesday's intraday trade
Gillette India, known for its razors and shaving creams, posted a profit of Rs 133 crore ($15.8 million) for the quarter ended Sept. 30, compared with Rs 92.69 crore rupees a year earlier
On the PGHH call, Mrinalini Srinivasan, CFO, said that positive trends are finally emerging in the Indian fast-moving consumer goods (FMCG) industry, both in urban and rural areas
Shaving products maker Gillette India Ltd on Thursday reported a 26.4 per cent rise in profit after tax (PAT) to Rs 115.97 crore for the June quarter. The company, which follows the July-June financial year, had reported a profit of Rs 91.75 crore in the year-ago period, Gillette India Ltd (GIL) said in a BSE filing. Its revenue from operations increased 4.17 per cent to Rs 645.33 crore during the quarter under review from Rs 619.44 crore in the corresponding period a year earlier. The sales growth was "driven by a robust portfolio, strong brand fundamentals and superior retail execution", Gillette India said in an earnings statement, adding its PAT was helped by "strong sales growth in the current quarter". Gillette India's total expense was down 1.17 per cent to Rs 494.68 crore in the June quarter. Its revenue from the grooming segment was up 7 per cent to Rs 519.68 crore. Meanwhile, oral care was down 6.28 per cent to Rs 125.65 crore in the April-June period. The total income
The consumer goods giant said it would take a $1.3 billion non-cash impairment charge before tax in the current quarter ending Dec 31 on its Gillette business
Shaving and oral cleaning products maker Gillette India Ltd on Tuesday reported 35.74 per cent rise in profit after tax (PAT) at Rs 91.75 crore for the fourth quarter ended June 2023 helped by sales growth and increased productivity. The company, which follows July-June financial year, had reported a profit of Rs 67.59 crore for the corresponding quarter of the preceding year. Revenue from operations increased 12.03 per cent to Rs 619.44 crore during the quarter under review as against Rs 552.89 crore a year ago, Gillette India said in a BSE filing. "PAT for the quarter was Rs 92 crore, up 36 pc versus year ago behind strong sales growth and productivity in the current quarter," said an earning statement from Gillette India. Total expenses in the quarter was at Rs 500.58 crore, up 8.30 per cent from the year-ago period. Total income of the company, which owns leading brands Gillette and Oral B - in the June quarter increased 12.59 per cent to Rs 624.22 crore. This was "driven by
Shares of the company ended about 0.3% lower on Wednesday and about 4% in 2022
The grooming products maker on Tuesday reported a 14.02 per cent decline in its net profit
Factors such as work-from-home, job losses, limited social events, indicate slower recovery
some are saying that Gillette risks turning off customers who think the brand is shamelessly capitalizing on the #MeToo movement and practicing 'leftist' politics
Gillette said it had commissioned a study of 1,188 adults and found that the results "emphasize the outsized importance of 'soft' skills in today's modern man."
Top brand also plans to add focus on its cheaper products as pressure mounts from online start-ups