The shares of Gillette India sharply surged over 11 percent on May 26 after the company reported strong earnings for the January-March quarter (Q3) and dividend. The shares of the company were trading at around Rs 9,726 apiece in the afternoon.
Gillette India reported a net profit of Rs 159 crore for the January-March quarter of financial year 2025. This marks a jump of over 60 percent from the Rs 99 crore net profit reported in the corresponding quarter of the previous financial year. The company's revenue from operations meanwhile grew around 13 percent on-year to Rs 767.5 crore during the quarter under review.
Along with the quarterly results, Gillette India announced a dividend of Rs 47 per share for FY25. "The dividend shall be paid between September 3, 2025 to September 30,2025, on approval of the Members at the ensuing Annual General Meeting," the company said in an exchange filing.
"With this, for the 9-months fiscal year ended March 31, 2025, the Company reported sales of Rs 2,235 crore, up 12 percent versus the comparable 9-month period last year, driven by a robust portfolio, superior execution and a consistent pipeline of innovation to better serve Indian consumers. Profit After Tax (PAT) for the fiscal was Rs 418 crore, up 41 percent versus the comparable period last year, driven by strong topline growth as well as deliberate productivity interventions to fuel superiority across the portfolio," the company said in its press release.
Speaking about the firm's performance, Gillette India Managing Director V Kumar said, "Gillette India has continued to deliver a strong performance, across top-line and bottom-line in the fiscal. The growth has been led by our Grooming category. The consistent results year-on-year have been enabled by our teams’ superior execution of the integrated strategy which we remain committed to – a focused product portfolio of daily use categories where performance drives brand choice, superiority (of product performance, packaging, brand communication, retail execution and consumer and customer value), productivity, constructive disruption, and an agile and accountable organization – all aimed at delivering sustainable, balanced growth and value creation. This strategy is yielding consistent results for us, and therefore remains the right way forward as we step into the new fiscal year."
Gillette India shares have gained over 16 percent in the past one month. The stock however is down nearly 3 percent in 2025 so far.
Also read: Our LIVE blog on stock market updates
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.