Business

Gillette India reports 11 pc higher sales at Rs 1,861 crore in FY 20

ANI | August 22, 2019 05:06 PM
The company has recommended a final dividend of Rs 25 per equity share

Mumbai (Maharashtra) [India], Aug 22 (ANI): Gillette India Ltd on Thursday said its sales totalled Rs 1,862 crore in the fiscal year ended June 30, up 11 per cent year-on-year behind strong brand fundamentals.

The profit after tax (PTA) stood at Rs 253 crore, up 10 per cent versus a year ago. For the April to June quarter, the sales were Rs 464 crore, up 13 per cent in the corresponding period of last year.

"In a challenging market environment, we delivered strong double-digit growth for the year and the fourth quarter," said Managing Director Madhusudan Gopalan,

"Our focus on raising the bar on superiority, improving productivity, and strengthening the organisation culture has enabled us to deliver strong results consistently throughout the fiscal," he said in a statement.

Both the grooming and oral care businesses delivered double-digit sales growth during the year behind strong brand fundamentals, the strength of the portfolio and improved in-store execution.

The directors have recommended a final dividend of Rs 25 per equity share for the financial year ended June 30. (ANI)

Have something to say? Post your comment
Must Read
Melania Trump to visit Delhi govt school during India visit: Sources
Melania Trump to visit Delhi govt school during India visit: Sources
Two Nigerians arrested for staying without valid documents in Delhi
Two Nigerians arrested for staying without valid documents in Delhi
Muktsar fines 132 school vehicles, impounds 24 in two days, while Faridkot only fined 17, impounded 4 on Monday, influential being spared
Muktsar fines 132 school vehicles, impounds 24 in two days, while Faridkot only fined 17, impounded 4 on Monday, influential being spared
SAD urges Punjab govt to declare there will be no tampering with reservation policy
SAD urges Punjab govt to declare there will be no tampering with reservation policy
Punjab to honour cops under 'Appreciate and Commend' scheme
Punjab to honour cops under 'Appreciate and Commend' scheme
Four family members shot dead by cop by visiting in-laws house
Four family members shot dead by cop by visiting in-laws house
School buses run at full speed ignoring the Apex court guidelines, authorities sleep until precious lives lost
School buses run at full speed ignoring the Apex court guidelines, authorities sleep until precious lives lost
Punjab CM asks DCs to prioritise core sectors of education, health, water & power for development
Punjab CM asks DCs to prioritise core sectors of education, health, water & power for development
A theft in the commission agents’ shop in Jaitu, town, residents allege police inaction, claim the frequent thefts are happening
A theft in the commission agents’ shop in Jaitu, town, residents allege police inaction, claim the frequent thefts are happening
Muktsar police hold an awareness seminar against drugs in village Kotli Ablu, 18 cases of having the property of drug peddlers attached forwarded to Delhi
Muktsar police hold an awareness seminar against drugs in village Kotli Ablu, 18 cases of having the property of drug peddlers attached forwarded to Delhi
Babu Singh Panjawa isn’t SC commission member, people shouldn’t be misled: Chairperson Tejinder Kaur
Babu Singh Panjawa isn’t SC commission member, people shouldn’t be misled: Chairperson Tejinder Kaur
Commissionerate Police issue various ban orders
Commissionerate Police issue various ban orders