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29-Apr-2024

Gillette India

PAT down 3.52% due to one-time tax impact


'For the quarter ending March 2024, standalone Net sales (including other operating income) of Gillette India has increased 9.96% to Rs 680.74 crore compared to quarter ended March 2023.  Sales of Grooming segment has gone up 13.51% to Rs 557.71 crore (accounting for 81.93% of total sales).  Sales of Oral Care segment fell 3.67% to Rs 123.03 crore (accounting for 18.07% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 26.87% to Rs 140.75 crore.  PBIT of Grooming segment rose 30.44% to Rs 119.29 crore (accounting for 84.75% of total PBIT).  PBIT of Oral Care segment rose 10.11% to Rs 21.46 crore (accounting for 15.25% of total PBIT).  

PBIT margin of Grooming segment rose from 18.61% to 21.39%.  PBIT margin of Oral Care segment rose from 15.26% to 17.44%.  Overall PBIT margin rose from 17.92% to 20.68%.  

Operating profit margin has...



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