FMCG major Procter & Gamble (P&G) today reported a 19.09 per cent increase in its net profit at Rs 107.09 crore for the last quarter ended June 2015.
The net profit in the same quarter (April-June) of the previous fiscal stood at Rs 89.92 crore, the company said in a regulatory filing.
P&G, which follows a July-June financial year, in a separate filing said, the company appointed AI Rajwani as the Managing Director for a period of five years with effect from August 28, 2015.
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For the quarter ended June, the company's net sales grew by 15.21 per cent to Rs 557.09 crore, from Rs 483.51 crore in the year-ago period.
For the full fiscal ended June, 2015, its net profit grew to Rs 346.16 crore from Rs 302.02 crore in the previous fiscal.
Net sales during the fiscal stood at Rs 2,332.27 crore compared with Rs 2,047.2 crore a year-ago.
The company also recommended a final dividend of Rs 30.25 per equity share for the financial year ended June 30, 2015 that will be paid on approval of the shareholders at the 49th Annual General Meeting.
Shares of the company today closed at Rs 6,060 apiece on BSE, up 0.68 per cent.
