Gillette India results sales up 13%, PAT up 15%
Gillette India Limited (GIL) declared on February 4 its financial results for its quarter ended December 31, 2020. The business delivered earnings of Rs. 520 croresup 13 percent vs year ago supporting its excellence plan, strong product portfolio, strong retail implementation, and promote recovery. Profit After Tax (PAT) for the quarter was Rs. 82 croreup 15 percent vs year past behind concentrate on savings and productivity.
Said, "For the second successive quarter, we delivered double-digit profitable growth driven by the power of our reputable product portfolio, strong retail implementation and strong economy recovery in the quarter." He added,"As economy continues to recuperate in the dressing class, we'll continue to stay focused on our strategy of driving excellence, enhancing productivity, leading constructive disturbance, and strengthening our culture and organization. These plans have allowed us to consistently deliver outcomes despite a difficult market environment and are still the ideal approaches to deliver balanced increase in the long-term"
As part of the organization's COVID-19 answer, we found the 'Gillette Barber Suraksha Program', to encourage the barber community in India get back to their feet. The program is empowering barbers to resume their businesses while teaching them on preserving high standards of security, hygiene and health.
The Board of Directors declared an interim dividend of Rs. 33 on each equity share of Rs. 10.