Mumbai: Procter & Gamble Hygiene and Health Care Ltd. (PGHHCL) announced today its financial results for the quarter ended December 31, 2018. The company delivered sales of ₹818 crores, up 16% vs. year ago behind brand fundamentals, strength of the product portfolio and improved in-store execution.
The Profit After Tax (PAT) was ₹124 crores, down 5% vs year ago behind cost inflation and strategic investments on brand building initiatives to accelerate growth.
Madhusudan Gopalan, Managing Director, Procter & Gamble Hygiene and Health Care Ltd. said, “We have delivered strong double-digit growth for the second consecutive quarter this year 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.”
The Board of Directors declared an interim dividend of ₹40 on every equity share of ₹10. The record date for the dividend will be February 19, 2019.