Gillette India declares highest dividend in 8 years; record date announced

Gillette India, the FMCG subsidiary of Procter & Gamble, has announced its fourth dividend for FY25, marking its biggest payout in the last eight years. The company’s board has approved an interim dividend of 650 per cent, translating to Rs 65 per share on a face value of Rs 10. This is Gillette India’s highest cash reward since 2017 when it had declared a Rs 154 per share dividend.

Record date for dividend payout

Gillette India has set February 19, 2025, as the record date for its latest dividend. Investors holding shares of the company as of this date will be eligible for the payout. While the record date has been confirmed, the payment date will be announced in a later disclosure.

Dividend History: Fourth payout in FY25

This marks the fourth dividend announcement by Gillette India in the ongoing financial year. The company had earlier paid out:

• Rs 40 special dividend and Rs 45 interim dividend on February 8, 2024
• Rs 45 final dividend in November 2024

Gillette India Q2 results: Strong earnings growth

The dividend announcement coincides with Gillette India’s Q2 results, with the company registering a 21 per cent rise in its net profit to Rs 126 crore. Revenue grew by 7 per cent to Rs 685.6 crore, compared to Rs 639.5 crore a year ago.

Operational performance improved, with EBITDA rising by 16.6 per cent to Rs 182.8 crore, up from Rs 156.8 crore last year. The company’s EBITDA margin expanded from 24.5 per cent to 26.7 per cent, reflecting better cost efficiencies and strong demand for its products.

What’s driving Gillette’s performance?

Gillette India’s sustained profitability comes on the back of robust demand, premium product offerings, and effective cost management. The company continues to focus on innovation and category expansion, strengthening its leadership position in grooming and personal care.

With this dividend, Gillette India further solidifies its reputation as a reliable wealth creator for its shareholders, rewarding long-term investors with consistent payouts.