Gillette India reports 6% rise in quarterly profit, announces Rs 35/share dividend payout
Gillette India dividend payout news: The board of the Mumbai-based FMCG company, which manufactures grooming and oral care products, recommended an interim dividend of Rs 35 per share, with a record date of February 9.
Gillette India — an FMCG company that operates in grooming and oral care segments — on Wednesday reported a net profit of Rs 74.5 crore for the quarter ended December, marking an increase of 5.6 per cent compared with the corresponding period a year ago. The company clocked a third straight quarter of topline and bottom-line growth.
Mumbai-based Gillette India's revenue increased 9.8 per cent on a year-on-year basis to Rs 618.6 crore for the three-month period, according to a regulatory filing.
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