Invest
27 Years
4.4 Star
1 Crore +
Personal Products company Procter & Gamble Hygiene & Healthcare announced Q2FY24 results:
- In a challenging operating environment, the Company reported sales of Rs 1,131 crore, at par vs year ago.
- Profit After Tax (PAT) for the quarter was Rs 229 crore, up 10% versus a year ago. Excluding the impact of one-time items in the quarter, PAT was up 15% versus a year ago.
- The profit growth is led by product price-mix, productivity, and moderating cost inflation versus the base period.
- The Board has declared an interim dividend of Rs 160 per equity share for the financial year 2023-24.
- The company is celebrating its 60th year since commencement of operation. This interim dividend includes a one-time special dividend of Rs 60 per equity share to commemorate this special occasion.
LV Vaidyanathan, Managing Director, Procter & Gamble Hygiene and Health Care shared, “The quarter has remained challenging amidst a difficult operating environment. We remain committed to our integrated growth strategy 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 help us navigate the mid-term and deliver balanced growth and value creation.”
FAQ’s on Procter & Gamble Hygiene and Health Care Ltd Shares
