Mumbai – Gillette India reported a decline in its financial performance for the first quarter (Q1) of FY26, with net profit falling by 8.19% quarter-on-quarter to ₹145.69 crore, down from ₹158.68 crore in Q4 FY25.
According to the company’s stock exchange filing, revenue from operations also dropped by 7.92% to ₹706.72 crore, compared to ₹767.47 crore in the previous quarter. Total income for the quarter stood at ₹713.4 crore, a decrease of 8.45% from ₹779.21 crore in Q4 FY25.
Total expenses for the quarter were reduced to ₹517.97 crore from ₹569.45 crore. These expenses included ₹176.97 crore on raw and packing materials, ₹81.57 crore on stock-in-trade purchases, ₹48.89 crore on employee benefits, and ₹1.04 crore in finance costs.
However, on a year-on-year (YoY) basis, Gillette India recorded revenue of ₹707 crore, which is a 10% increase from ₹645 crore in the same quarter last year.
Despite the sequential decline, Managing Director Kumar Venkatasubramanian said the company achieved double-digit growth in both revenue and profit on a YoY basis. He attributed this performance to Gillette India’s integrated growth strategy that emphasizes a robust product portfolio, superior quality, innovation, productivity, and organizational agility.
“Our strategy is aimed at delivering sustainable and balanced growth while creating long-term value,” he added.
On the stock market, Gillette India shares were trading at ₹11,021 on the National Stock Exchange (NSE) at around 2:40 p.m., up ₹395 or 3.71%.
Over the past five days, the stock has risen by ₹182 or 1.68%, and in the past month, it has gained ₹123.5 or 1.13%.
With inputs from IANS