Gillette India Q1 Results Live: Profit Rises by 43.5% YoY
Gillette India Q1 Results Live: Revenue increased by 17.12% YoY & profit increased by 43.5% YoY.
Gillette India Q1 Results Live : Gillette India declared its Q1 results on 28 October 2024, showcasing a robust performance with a significant topline increase of 17.12% year-on-year. The company's profit surged by an impressive 43.5% compared to the same period last year.
In comparison to the previous quarter, Gillette India reported a revenue growth of 21.15% and a profit increase of 14.69%. This quarter's results reflect the company's strong market position and effective operational strategies.
Despite rising selling, general, and administrative expenses, which increased by 4.17% quarter-on-quarter and 3.38% year-on-year, Gillette India managed to enhance its operating income by 11.69% quarter-on-quarter and a remarkable 46.81% year-on-year.
The earnings per share (EPS) for Q1 stood at ₹40.82, reflecting a year-on-year increase of 43.53%. This growth in EPS underscores the company’s strong profitability and efficient capital management.
In terms of market performance, Gillette India has experienced a -1.59% return in the last week, but has shown impressive gains of 37.19% over the past six months and 32.12% year-to-date. The company's current market capitalization is ₹27,748.27 Crores, with a 52-week high of ₹9,560 and a low of ₹5,921.49.
As of 29 October 2024, the company's outlook appears positive, with one analyst covering Gillette India having assigned a Buy rating. The consensus recommendation is also to Buy, reflecting confidence in the company's growth trajectory.
Gillette India Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 781.82 | 645.33 | +21.15% | 667.55 | +17.12% |
| Selling/ General/ Admin Expenses Total | 161.55 | 155.09 | +4.17% | 156.27 | +3.38% |
| Depreciation/ Amortization | 19.24 | 21.2 | -9.25% | 20.09 | -4.23% |
| Total Operating Expense | 610.57 | 492 | +24.1% | 550.9 | +10.83% |
| Operating Income | 171.25 | 153.33 | +11.69% | 116.65 | +46.81% |
| Net Income Before Taxes | 177.25 | 155.23 | +14.19% | 125.16 | +41.62% |
| Net Income | 133.01 | 115.97 | +14.69% | 92.69 | +43.5% |
| Diluted Normalized EPS | 40.82 | 35.59 | +14.7% | 28.44 | +43.53% |
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First Published:29 Oct 2024, 10:56 AM IST
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