P&G Q2 net up 62% at Rs 147 crore

FMCG major Procter and Gamble Hygiene and Health Care (P&G) today reported a 61.81 per cent jump in the net profit to Rs 146.7 crore for the second quarter ended December 31.

The company, which follows July to June financial year, had posted a net profit of Rs 90.66 crore in the same quarter last financial year, it said in a BSE filing.

Net sales during the quarter under review stood at Rs 713.23 crore, up 10.74 per cent as against Rs 644.03 crore in the year-ago period, it added.

Overall expenses during the quarter stood at Rs 511.84 crore, down 3.81 per cent compared with Rs 532.12 crore in the corresponding quarter last year.