Gillette India Ltd reports 37 percent rise in net profit

FMCG major Gillette India Ltd on Wednesday reported a 37 per cent rise in its net profit at Rs 48.40 crore for the quarter ended on March 31, 2019. The company, which follows the July-June financial year, had posted a net profit of Rs 35.52 crore during the same period last fiscal, Gillette India said in a statement.

Total income from operations rose Rs 468.84 during the quarter against Rs 452.60 crore in the year-ago period. Shares of the company dropped by 1.62 per cent to close at Rs 7,282 on BSE.