Monday 31 August 2015

P&G India Q4 Net Jumps 19% At Rs 107.09 cr

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Procter & Gamble Hygiene and Health Care (PGHH), a part of FMCG major P&G, on Friday reported a growth of 19.09 per cent in its net profit at Rs 107.09 crore for the fourth quarter ended June 30, 2015, driven by strong performance by feminine care and healthcare businesses. “The fast-moving consumer goods company had posted the net profit of Rs 89.20 crore for the quarter ended June 30, 2014,” PGHH said in a filing to BSE. During the quarter under review, the net sales of the company grew by 15.21 percent to Rs 557.09 crore as compared to Rs 483.51 crore in Q4 FY 2014, the company said in a statement.
On the yearly basis, the company posted net profit of Rs 346.14 crore for the year ended June 30, 2015 as compared to Rs 302.02 crore for the year ended June 30, 2014. Commenting on the earnings, the company said both the feminine care and healthcare businesses continued to deliver double digit sales growth in a competitive market environment behind superior value propositions and strength of product portfolio.

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