Gillette India

Shares of the company ended about 0.3% lower on Wednesday and about 4% in 2022

Gillette India, which is 75% owned by Procter & Gamble, said its net profit rose to 867.8 million rupees ($10.52 million) for the three months ended Sept. 30, from 819.3 million rupees a year earlier.

Shaving products maker Gillette India Ltd reported a 13.9 per cent decline in net profit to Rs 70.50 crore for the quarter ended in December 2021

The grooming products maker on Tuesday reported a 14.02 per cent decline in its net profit

Gillette India on Tuesday reported a 35 per cent rise in its net profit for the year ended June 30, 2021, at Rs 310 crore.

The National Housing Bank has imposed a monetary penalty on HDFC of Rs 4.75 lakh for non-compliance with certain provisions

The slowing down of shaving habits has had a deep impact on one brand that stands for shaving: Gillette

Companies accused of not passing on benefit of lower rates to consumer by increasing prices on intervening night of November 14 and 15 from when GST rate reduction was notified

Factors such as work-from-home, job losses, limited social events, indicate slower recovery

The company's board of directors has recommended a dividend of Rs 49 per equity share for the financial year ended June 30

All that happened in the markets today

Trading at 77x, its trailing 12-month net profit against industry average of about 43x

Gillette India net profit rises 32.3% at Rs 45.82 crore in June quarter

The company, which follows July-June financial year, had posted a net profit of Rs 547.5 million in the corresponding period of the previous financial year

The stock zoomed 13% to Rs 4,973, also its 52-week high on BSE.

Shares of Gillette India on Tuesday settled at Rs 4,580.00 on BSE, down 3.84 per cent from previous close