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Gillette Sees Drops In Profit And Net Sales In 4Q FY 2016

August 23, 2016: 12:00 AM EST
Gillette India said net profit dropped 35.42 percent to Rs 46.90 crore for the fourth quarter ending June 30, 2016, compared with Rs 72.63 in the same quarter in 2015. Net sales also declined 5.66 percent to Rs 509.30 crore, compared with Rs 539.86 crore from the previous year. Revenue from its grooming business rose 8.65 percent to Rs 416 crore, while oral care dropped 28.42 percent to Rs 93.69.
"Gillette Posts 35% Fall In Q4 Profit", NDTV , August 23, 2016, © NDTV Convergence Limited
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