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Gillette India PAT up 26.4 pc to Rs 116 cr in Jun qtr, Retail Updates, ET Retail

.Rep ImageShaving products producer Gillette India Ltd on Thursday reported a 26.4 per-cent surge in earnings after income tax (PAT) to Rs 115.97 crore for the June quarter. The provider, which observes the July-June fiscal year, had actually mentioned an earnings of Rs 91.75 crore in the year-ago period, Gillette India Ltd (GIL) said in a BSE submission. Its profits from functions improved 4.17 percent to Rs 645.33 crore in the course of the one-fourth under review from Rs 619.44 crore in the equivalent time period a year previously. The purchases growth was "driven by a robust collection, strong brand name principles and first-rate retail completion", Gillette India pointed out in a revenues statement, including its own PAT was actually helped through "tough sales growth in the present quarter". Gillette India's total cost was down 1.17 per cent to Rs 494.68 crore in the June quarter. Its own profits coming from the grooming section was up 7 percent to Rs 519.68 crore. At the same time, dental treatment was actually down 6.28 per-cent to Rs 125.65 crore in the April-June time frame. The overall revenue of GIL, including other earnings, was up 4.11 per cent to Rs 649.91 crore. GIL's rub for the financial year, which upright June 30, 2024, was up 15.75 per cent to Rs 411.70 crore. Its own earnings from procedures for the fiscal year was up 6.3 per-cent to Rs 2,633.085 crore. Besides, GIL's directors have actually highly recommended a final reward of Rs 45 every equity share for the financial year ended June, 2024, which will definitely go through the approval of investors in AGM. Reveals of Gillette India Ltd on Tuesday were at Rs 8,993.90 on the BSE, up 0.24 percent coming from the previous close.
Posted On Aug 30, 2024 at 11:40 AM IST.




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