Gillette India's Net Profit Grows 101.72 pc in March 2021 Quarter

Gillette India's net profit increased 101.72 percent to Rs 105.66 crore in the quarter ended March 2021 as against Rs 52.38 crore during the previous quarter ended March 2020. The company recorded a PAT of Rs 81.90 crore in the preceding quarter.

Gillette posted revenue from operations of Rs 536.62 crore in the fourth quarter compared to Rs 406.57 crore of Q4FY20 and Rs 520.42 crore of Q3FY21.

Madhusudan Gopalan, Managing Director, Gillette India Ltd, said, “Since the outbreak of the pandemic, our continued focus has been on protecting the health and safety of our people, serving the Indian consumers with our personal hygiene products, and supporting communities in need through our relief efforts. For the third consecutive quarter, we delivered double-digit profitable growth in a challenging environment driven by a strong portfolio of trusted products and strong retail execution. Our strategy of driving superiority, improving productivity, leading constructive disruption, and strengthening our organization and culture has enabled us to consistently deliver results and continue to be the right strategies to deliver balanced growth in the long term.”

“Our sites continue to operate with the highest health and hygiene standards. Our qualified team of medical experts is working round the clock to support our people and their families on health-related queries. We are continuing to extend our support to the communities in these tough times. As a group, we recently announced our pledge to donate Rs 50 crore towards 10 lakh vaccine doses for 5 lakh citizens in partnership with state governments and local authorities,” he added.