Gillette India's share price increased Tuesday, defying the broader market's subdued performance. The stock saw a near 3% gain following the company's robust Q4 financial results.
Market Performance
Despite weak cues from Dalal Street and mixed global sentiment, Gillette India's share price opened at ₹9,405.05 on the BSE. It moved to an intraday high of ₹9,674.50 and a low of ₹9,322.70.
This performance is a bright spot amid broader market volatility, capturing investor attention with its upward momentum.
Main News
Gillette India reported a significant jump in its quarterly net profit. For the quarter that ended March 2025, the company's net profit surged by 60.13%, reaching ₹158.68 Crore, compared to ₹99.09 Crore in the same period last year.
This earnings performance helped support Gillette India's share price even as other stocks struggled.
Company Details
The manufacturer of shaving products, known for its multi-blade razors and gel-based shaving creams, continues to see strong demand—particularly from rural markets. This rise in rural interest, aided by good harvests and supportive government measures, has helped offset softer urban demand due to rising living costs.
Interim Dividend Announcement
In its board meeting held on Monday, Gillette India announced an interim dividend of ₹47 per equity share, for the financial year ending on 31 March 2025.
Financial Highlights
Revenue
- ₹767.47 Crore in Q4 FY25
- Up 12.74% from ₹680.74 Crore in Q4 FY24
Total Expenses
- ₹569.45 Crore in Q4 FY25
- Up 4.75% YoY
Net Profit
- ₹158.68 Crore in Q4 FY25
- Up 60.13% from ₹99.09 Crore in Q4 FY24
Summary of the Article
Gillette India's share price showcased resilience by rising nearly 3% despite a weak overall market. The company's strong Q4 earnings, aided by a sharp rise in profit and revenue and a generous interim dividend, supported this uptrend. Increased rural demand and product innovation are pivotal in the company's growth momentum.
Leave A Comment?