Gillette India Q2 net profit rises 21 percent to Rs 126 crore

Gillette India reported a 21 percent increase in net profit to Rs 126 crore ($14.5 million) for the second quarter ended December 2024, as against Rs 104 crore in the year ago quarter.

The company’s revenue for the quarter rose by 7 percent to Rs 686 crore, as against Rs 639 crore in the corresponding quarter last fiscal year.

Commenting on the results, Kumar Venkatasubramanian, managing director of Gillette India in a statement said, “We have delivered strong growth across both topline and bottom line in the quarter. These results are a testament to our team’s execution of the integrated growth strategy focused product portfolio of daily use categories where performance drives brand choice, superiority, 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,” he added.

Gillette India is engaged in the manufacturing and sale of fast-moving consumer goods with strong presence in the grooming segment.