Gillette India share price surged up to 8% in early trade on July 31 after the company reported impressive results for the June quarter, showcasing robust growth in both revenue and profits.
Market Performance
Following the announcement of its Q1 FY25 financial results, Gillette India witnessed a sharp uptick in its share price, jumping nearly 8% intraday. The rally came as a direct response to the company’s strong operational and financial performance.
Main News
Gillette India posted double-digit growth in both its topline and bottom line for the June quarter. The company reported a 28% rise in net profit, underscoring its solid market position and consumer trust in its product portfolio.
Company Details
Gillette India Ltd. is a key player in the grooming products segment in India. The company attributes its performance this quarter to:
- Strong brand fundamentals across its strategic portfolio
- Positive consumer response to product innovation
- Enhanced retail execution across key channels
Financial Highlights
Revenue
- ₹707 crore in Q1 FY25
- Up 10% from ₹645 crore in Q1 FY24
EBITDA
- ₹210.5 crore in Q1 FY25
- Up 20% from the year-ago quarter
EBITDA Margins
- 30% in Q1 FY25
- Expanded by 300 basis points from 27% last year
Net Profit
- ₹50 crore in Q1 FY25
- Up 28% from ₹39 crore in Q1 FY24
Summary
Gillette India share price gained traction post the release of its June quarter earnings, driven by strong financial metrics and consistent consumer demand. The company recorded significant gains in revenue, profitability, and operational efficiency, cementing its position in the Indian FMCG space.
The sharp rise in Gillette India share price reflects investor confidence following the company's performance-led growth strategy.
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