Gillette India reported its financial results for the quarter ended September 30, 2024, with impressive growth figures. The company’s revenue from operations surged by 17.1% year-on-year (YoY) to ₹781.82 crore, up from ₹667.55 crore in the same period last year. Additionally, the net profit for the quarter saw a significant increase of 43.4% YoY, reaching ₹133.01 crore, compared to ₹92.69 crore in Q2 FY24.
Key Highlights:
- Revenue from Operations: ₹781.82 crore, a 17.1% rise from ₹667.55 crore YoY.
- Net Profit: ₹133.01 crore, up 43.4% from ₹92.69 crore in the corresponding quarter of the previous year.
- QoQ Performance: The revenue also grew sequentially by 21.1%, from ₹645.33 crore in the preceding quarter.
Gillette India strengthened its market position in the Blades & Razors category during the quarter.
Kumar Venkatasubramanian, Managing Director, Gillette India Ltd., commented, “We have delivered strong double-digit growth across both topline and bottom line this quarter. These results underscore our commitment to an integrated growth strategy focusing on product superiority, productivity, innovation, and agility, all aimed at driving sustainable, balanced growth and value creation.”
