Mumbai: Procter & Gamble Hygiene and Health Care Ltd. (PGHHCL) announced today its financial results for the quarter ended September 30, 2018.
The company delivered sales of Rs 792 crores, up 20% vs. Year ago, behind brand fundamentals, strength of the product portfolio and improved in-store execution.
The operating profit for the quarter grew 17%, as increasing costs due to inflation and currency depreciation were partly off-set by a continual focus on productivity and savings. The all in profit after tax (PAT) including one-time gain from sale of assets (Rs. 14 crores) is up 25% vs. year ago.
Madhusudan Gopalan, Managing Director, Procter & Gamble Hygiene and Health Care Ltd. Said, “We generated strong top and bottom line results this quarter driven by robust volume growth, category development and execution excellence. We will continue to focus on raising the bar on superiority of our products, packaging, go-to-market and communication, improving productivity and strengthening our organization and culture.”
Both Feminine Care and Health Care businesses recorded double-digit growth ahead of their categories.