Gillette India Ltd share Price Today

Personal Products company Gillette India announced Q2FY24 results:

• Gillette delivered a balanced growth during the quarter with sales of Rs 639 crore, up 3% vs a year ago.
• Domestic sales are up 6% vs a year ago, driven by a robust portfolio, superior retail execution, and strong brand fundamentals.
• The Company reported Profit After Tax (PAT) at Rs 104 crore, up 40% vs year ago largely driven by productivity interventions, product price mix, and moderating cost inflation.
• The company has announced an interim dividend of Rs 85 per equity share for the financial year 2023-24. This interim dividend includes a one-time special dividend of Rs 40 per equity share to commemorate 40 years of serving consumers, customers, shareholders, employees, and society.

LV Vaidyanathan, Managing Director, Gillette India, shared, “For 7 consecutive quarters now, we have delivered a balanced top-line and bottom-line growth. Our teams’ execution of our integrated growth strategy has enabled us to build and sustain strong momentum. We stay committed to our strategies of a focused product portfolio of daily use categories where performance drives brand choice, and superiority — across product performance, packaging, brand communication, retail execution, and consumer and customer value — productivity, constructive disruption, and an agile and accountable organization. We are confident that these strategies will continue to help us deliver balanced growth and value creation.”

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