Procter & Gamble Q1 net profit rises marginally to Rs 212 crore

Procter & Gamble Hygiene & Health Care reported a marginal increase in its net profit to Rs 212 crore ($25.2 million) for the quarter ended September 30, as against Rs 211 crore in the year-ago quarter.

The company’s revenue for the quarter declined to Rs 1,135 crore, as against Rs 1,138 crore in the corresponding quarter of the of previous fiscal year.

P&G witnessed growth in the feminine care category and improved structural profitability of the business in the quarter.

Commenting on the results, Kumar Venkatasubramanian, managing director of P&G in a statement said, “We have continued to focus on delighting consumers with superior propositions, and driving the integrated growth strategy a focused product portfolio of daily use categories where performance drives brand choice, superiority, productivity, constructive disruption, and an agile and accountable organization which we remain committed to.”

Procter & Gamble Hygiene and Health Care is one of India’s leading FMCG companies with a strong portfolio of brands in the personal care segment.