P&G Net Profit Rises To 11% In Q1

FMCG firm Procter Gamble Hygiene and Health Care Ltd (P&G) reported a 10.64 per cent increase in net profit at Rs 115.56 crore for the first quarter ended September 30. It had posted a net profit of Rs 104.44 crore in the July-September quarter a year ago.

Its total income during the quarter under review was up 2.49 per cent to Rs 661.13 crore as against Rs 645.01 crore a year ago.

Company said in a statement “Both the femine care and health care business delivered strong growth versus year ago behind brand fundamentals, strength of product portfolio and improved in-store execution”.

Its total expenses in Q1/FY 2017-18 were down marginally 0.22 per cent to Rs 483.39 crore as against Rs 484.48 crore.