Gillette reports net profit Rs288 mn
Gillette reports net profit Rs288 mn
By Reuters
New Delhi: Gillette India Ltd has posted a net profit of Rs288 million on net sales of Rs1.2 billion for the quarter ending March 31, the company said.
The latest quarter results are not comparable with the year-ago period as Gillette is integrating with U.S. consumer goods giant Procter & Gamble Co. and had posted lower results, the shaving products maker said on 30 April.
To realign its financial year with P&G, Gillette said it extended its fiscal year from a 12-month to an 18-month period and would close the current fiscal on 30 June.
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