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  1. Gillette India Q3 Results: Net profit up 21%; board approves interim dividend

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Gillette India Q3 Results: Net profit up 21%; board approves interim dividend

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2 min read | Updated on February 10, 2025, 15:13 IST

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SUMMARY

Gillette India's Board of Directors has also approved an interim dividend of ₹65 per equity share with a face value of ₹10 each

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The company’s revenue stood at ₹685.55 crore advancing 7.2% during the reporting period as against ₹639.46 crore in Q3FY24.

The company’s revenue stood at ₹685.55 crore advancing 7.2% during the reporting period as against ₹639.46 crore in Q3FY24.

FMCG firm Gillette India on Monday, February 10, reported a 21.1% increase in its net profit at ₹125.97 crore during the October-December quarter (Q3FY25) of financial year 2024-25 driven by strong brand fundamentals across the strategic portfolio, positive consumer response on innovation and superior retail execution.

The company reported a net profit of ₹103.95 crore in the corresponding quarter last fiscal year.

The company’s revenue stood at ₹685.55 crore advancing 7.2% during the reporting period as against ₹639.46 crore in Q3FY24.

Gillette India's Board of Directors has also approved an interim dividend of ₹65 per equity share with a face value of ₹10 each.

The record date has been set as February 19, 2025, and the payment will be made on or before March 7, 2025.

Commenting on the Q3 performance, managing director Kumar Venkatasubramanian, said: “We have delivered strong growth across both top line and bottom line in the quarter. These results are a testament to our teams’ execution of the integrated growth strategy – 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. We remain committed to this strategy, which is aimed at delivering sustainable, balanced growth and value creation.”

Shares of Gillette India tumbled 2.27% on BSE at ₹8,716.70 apiece during the intra-day trade.

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