Gillette India slumps despite reporting 21% rise in net profit during December quarter
Gillette India is currently trading at Rs 8563.35, down by 290.05 points or 3.28% from its previous closing of Rs 8853.40 on the BSE.
The scrip opened at Rs 8839.95 and has touched a high and low of Rs 8839.95 and Rs 8462.05 respectively. So far 847 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52-week high of Rs 10652.10 on 25-Nov-2024 and a 52-week low of Rs 6191.00 on 25-Apr-2024.
Last one week high and low of the scrip stood at Rs 9034.10 and Rs 8439.65 respectively. The current market cap of the company is Rs 27903.86 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 14.06% and 10.95% respectively.
Gillette India has reported results for the second quarter ended December 31, 2024 (Q2).
The company has reported 21.18% rise in net profit at Rs 125.97 crore for December quarter as compared to Rs 103.95 crore for the same quarter in the previous year. Total income of the company increased by 7.44% at Rs 694.74 crore for December quarter as compared to Rs 646.65 crore for the corresponding quarter previous year.
Gillette India is engaged in the manufacturing and sale of branded packaged fast moving consumer goods (FMCG) in the grooming, portable power and oral care businesses. The Company's segments are Grooming and Oral Care.
