Tuesday, 7 February 2017

Gillette India Q3 up 4.8% to Rs 54.75 cr

Ripples Advisory Private Limited, Indore @9303093093

Gillette India today reported 4.80 percent rise in net profit to Rs 54.75 crore for the second quarter ended on December 31, 2016 impacted by demonetisation. The company, which follows July-June financial year, had reported net profit of Rs 52.24 crore for the October-December period a year ago, Gillette India said in a BSE filing. 

However, Gillette India's total income during the quarter under review was down 10.45 percent to Rs 396.82 crore due to liquidity crunch in the market, as against Rs 443.13 crore in the corresponding quarter of the previous fiscal.

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