Procter And Gamble

As tariffs loom, Gillette razor-maker P&G sources more steel from India

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

Procter & Gamble ramps up presence on TikTok's Douyin to boost sales

Influencers on Douyin like Ni Bi Yi, a young mom, and Chou Dan, known for her jokes, tout Pantene's jasmine fragrance and ability to repair their hair, according to posts on the China-based sister app

P&G Health stock slips 4% on weak Q4 performance; Rs 60 dividend announced

The drop in the stock price of Procter & Gamble Health came after the company announced a weak set of June quarter results (Q4FY24).

How is Amit Shah's portfolio performing as BJP limps in Lok Sabha polls?

Other major holdings in his portfolio encompass ITC (down 3%), VIP Industries (down 7%), Infosys (down 1.5%), Grindwell Norton (down 3.5%), Cummins India (down 13%)

P&G India appoints Kumar Venkatasubramanian as CEO with effect from May 1

Leading FMCG maker P&G India on Monday announced the appointment of Kumar Venkatasubramanian as CEO, with effect from May 1, 2024. The current CEO, L V Vaidyanathan will leave the company to pursue personal interests after 28 years of service, a statement from P&G India said. Kumar is currently leading the P&G business in Australia and New Zealand as CEO. Before the Australia role, Kumar was leading sales team in P&G India until 2020, it added. Kumar, an alumnus of IIM Calcutta started his journey with P&G in 2000 in sales team in India, straight from the campus. P&G owns popular brands such as Ariel, Gillette, Head & Shoulders, Oral-B, Pampers, Pantene, Tide, Vicks and Whisper. P&G President, Asia Pacific, Middle East, and Africa Stanislav Vecera said:"The India business and people will immensely benefit from his (Kumar's)leadership and vision, and collectively I am certain they will take the India business to new heights while maintaining a balanced ..

Optimistic about India market, will continue to grow categories: P&G

Leading FMCG maker Procter & Gamble is very "optimistic" in the mid and long-term prospects of India, where it will invest Rs 2,000 crore to set up an export hub, on the back of robust growth, according to company's country CEO LV Vaidyanathan. Procter & Gamble (P&G) India will continue to grow categories that are currently undeveloped and bring product propositions that are meaningful to the quality-conscious Indian consumer, he said. In the last three years, P&G has driven consistent double-digit growth in both the topline and bottomline. "Business has basically moved from the last couple of years seeing high single growth. Now we are starting to see very nice growth and hope to see some kind of momentum going and accelerate from where we are," Vaidyanathan told PTI. The maker of popular brands such as Ariel, Gillette, Head & Shoulders, Oral-B, Pampers, Pantene, Tide, Vicks and Whisper - follows July to June financial year. "Year is coming to an end and business .

Procter & Gamble raises sales outlook, says demand is stabilising

The outlook and quarterly results outpaced expectations in key metrics, highlighting that the US economic slowdown appears to be relatively contained

Should India have a deputy PM? Gurcharan and Sanyal air different views

Former P&G CEO Das, who proposed the idea, said this individual should be a leader who would coordinate among different entities to raise competitiveness of the economy

Star MNC: Strong comeback for PGHH despite challenges posed by Covid-19

The company delivered profitable double-digit growth

Procter & Gamble names L V Vaidyanathan as CEO for India operations

Global FMCG firm Procter & Gamble on Tuesday announced the appointment of L V Vaidyanathan as the Chief Executive Officer for its operations in India from July 1, 2022. Vaidyanathan will take over from Madhusudan Gopalan, who will be taking up a leadership role within P&G as Senior Vice President Grooming & Oral Care, P&G Japan and Korea, the company said in a statement. Currently he is leading P&G business in Indonesia as CEO where he has been "responsible for industry-leading growth and value creation for the company", it added. "Under his leadership, the Indonesian business has transformed to become value accretive for the parent company and has overtaken a formidable competitor in the market by turning around the share gap in the last four years," P&G said. An alumnus of IIM Ahmedabad, Vaidyanathan had joined P&G in 1995 as an intern and joined the India sales team straight from campus in 1996. He has experience of over 26 years across diverse ...

Procter & Gamble second quarter net profit jumps 84% to Rs 250.62 cr

FMCG firm Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported an 84.37 per cent increase in its net profit to Rs 250.62 crore for the second quarter ended December 2020. The company, which follows July-June financial year, had posted a net profit of Rs 135.93 crore in the corresponding quarter previous fiscal, Procter & Gamble said in a regulatory filing. Its revenue from operations surged 18.52 per cent to Rs 1,018.44 crore during the period under review as against Rs 859.27 crore in the October-December period last fiscal. "Both the feminine care and healthcare business delivered strong double-digit growth in the quarter and grew ahead of category," the company said in an earnings statement. The company has delivered double-digit profit growth for the second consecutive quarter this year, its Managing Director Madhusudan Gopalan said. "The growth was driven by the strength of our trusted product portfolio, strong retail execution and strong market recovery in .

P&G Health declines 6% on profit booking post June quarter results

The board recommended a final dividend of Rs 230 per equity share (including a one-time special dividend of Rs 188 per equity share) for the financial year ended June 30, 2020.

Margin-led growth likely from FY19 for P&G Hygiene Healthcare

Stock trading at over 50x FY20 earnings estimates; this limits the upside for investors

Why Procter & Gamble is a slow mover in India

The multinational is focusing more on key markets like the US and China, with India contributing only 2% to its revenues

P&G gains after 50% jump in net profit in September quarter

The stock was up 3% at Rs 6,825 after the company posted a 50% YoY jump in profit at Rs 103.72 crore in Q1