Gillette India share price soars over 15% as net profit jumps 21% in December quarter

Its revenue from operations also increased 7.2% to ₹685.55 crore in the third quarter from ₹639.46 crore in the corresponding quarter last fiscal year.

This boosted the investors confidence more ahead of its dividend share announcement. During the intraday trade, shares of the firm were trading at ₹8,593.55, jumping 15.14% on BSE. The company finally settled 10.29% higher at ₹8,221.75 on BSE.

The shaving product makers’ growth in revenue was led by the grooming segment, which saw an 11% year-on-year (YoY) increase in sales, offsetting the degrowth in the oral business during the reporting quarter.

Its oral care segment revenue declined 8.25% in Q3FY25 to ₹114.91 crore from ₹125.25 crore, and the segment’s EBIT jumped to ₹38.74 crore from ₹6.49 crore.

Gillette India had announced an interim dividend of ₹65 per share with the date set as February 19, 2025.

“...the Board of Directors of the Company at its meeting held on February 10, 2025, have declared an interim dividend of ₹65 per equity share of face value of ₹10 each for the company’s financial year 2024-25,” Gillette India had said in an exchange filing on February 11.

The ex-date marks the day a stock begins trading without dividend entitlement, meaning investors must own the stock before this date to receive the payout. The company, however, determines the list of eligible shareholders based on their records on the record date.

Gillette India Ltd is a fast-moving consumer goods (FMCG) company that manufactures and sells grooming and oral care products. The company was founded in 1984 and is based in Rajasthan and Himachal Pradesh.