New Delhi: FMCG major Gillette India Ltd (GIL) on Monday posted a 40.96 per cent decline in net profit at Rs. 11.04 crore for the quarter ended December 2013.
The company had posted a net profit of Rs. 18.70 crore in the corresponding period of 2012, it said in a filing to the BSE.
Net sales of the company rose to Rs. 426.60 crore during the quarter under review as against Rs. 351.92 crore last year.
In the first half of fiscal year 2013-14 (FY14), Gillette's net profit declined 39.85 per cent to Rs. 28.18 crore as against Rs. 43.53 crore in the year-ago period.
The company follows July-June cycle as financial year.
Net sales in the first half grew to Rs. 813.77 crore from Rs. 686.72 crore in the year-ago period.
Shares in Gillette India, on Monday, ended at Rs. 2,008 apiece on the BSE, down 1.89 per cent from the previous close.
The company had posted a net profit of Rs. 18.70 crore in the corresponding period of 2012, it said in a filing to the BSE.
Net sales of the company rose to Rs. 426.60 crore during the quarter under review as against Rs. 351.92 crore last year.
In the first half of fiscal year 2013-14 (FY14), Gillette's net profit declined 39.85 per cent to Rs. 28.18 crore as against Rs. 43.53 crore in the year-ago period.
The company follows July-June cycle as financial year.
Net sales in the first half grew to Rs. 813.77 crore from Rs. 686.72 crore in the year-ago period.
Shares in Gillette India, on Monday, ended at Rs. 2,008 apiece on the BSE, down 1.89 per cent from the previous close.
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