A clean shave : Gillette India posts its Q3FY17 Result

Gillette India Ltd. reported its results for the quarter ended March 31, 2017 on Saturday. The numbers were largely positive. Company follows May-June as its reporting year.

Total sales for this quarter, Q3FY17, came in at Rs. 524.9 crore. This represents a 34.8 per cent sequential increase and 15.9 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 151.1 crore and the EBIT margin stood at 28.8 per cent.

It reported PAT of Rs. 105.82 crore which represents a sequential QoQ increase of 93.3 per cent and a YoY increase of 30.5 per cent.

The board of directors has declared an interim dividend of Rs. 154 per equity share (Nominal Value of Rs.10 each). For this, the company has fixed 18 May, 2017 as the record date. The dividend shall be paid between May 22, 2017 to June 5, ,2017.

In Friday’s trading session, it has touched an intra-day low of Rs.4355.05 and finally closed at Rs. 4408.55 on BSE.

Gillette India Limited is a FMCG company. The company’s business involves in three segments: Grooming, which includes blades, razors and toiletries; Portable Power, which include batteries, and oral care, which includes tooth brushes and oral care products.