Procter and Gamble Q2 net profit up 5.46%
The company reports a net profit of `53.99 crore; sales stand at `470.57 crore
New Delhi: Procter and Gamble Hygiene and Health Care Ltd on Thursday reported a 5.46% rise in net profit to ₹ 53.99 crore for its second quarter ended 31 December.
The company had posted net profit of ₹ 51.19 crore in the same quarter last fiscal, it said in a BSE filing. Net sales during the quarter under review stood at ₹ 470.57 crore against ₹ 354.32 crore in the year-ago period, it added.
Sales during the quarter were driven by category expansion, consumer initiatives and pricing, combined with a weak base period, the company said.
Without sharing the absolute figures, the company said its feminine care segment grew 45% during the quarter, while growth in personal health care stood at 19%.
The company’s scrip closed 2.24% lower at ₹ 2,475.00 a piece on BSE. The benchmark index, Sensex, declined 0.30% to 19,580.32 points.
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