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Key Points

Gillette India saw an 8% drop in Q1 profit and revenue compared to the previous quarter. However, the company still managed 10% YoY revenue growth. MD Kumar Venkatasubramanian credited the performance to their integrated growth strategy. Despite the quarterly decline, the company's stock rose nearly 4% in trading.

Key Points: Gillette India Q1 Profit Drops 8% as Revenue Declines

  • Q1 net profit fell 8.19% QoQ to Rs 145.69 crore
  • Revenue dropped 7.92% to Rs 706.72 crore
  • YoY revenue still grew 10% to Rs 707 crore
  • Stock rose 3.71% despite quarterly decline
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Gillette India's Q1 net profit falls 8 pc, revenue down nearly 8 pc

Gillette India reports 8% dip in Q1 net profit and revenue, though YoY growth remains strong at 10%.

"We delivered double-digit growth on both topline and bottom line compared to last year. – Kumar Venkatasubramanian, MD"

Mumbai, July 31

Gillette India on Thursday reported a drop in its earnings for the first quarter (Q1) of FY26, with net profit falling 8.19 per cent quarter-on-quarter (QoQ) to Rs 145.69 crore, compared to Rs 158.68 crore in the previous quarter (Q4 FY25).

Revenue from operations also slipped 7.92 per cent to Rs 706.72 crore from Rs 767.47 crore in Q4 FY25, according to its stock exchange filing.

Total income for the quarter stood at Rs 713.4 crore, down 8.45 per cent from Rs 779.21 crore in the preceding quarter.

The company’s total expenses also decreased to Rs 517.97 crore from Rs 569.45 crore in Q4, it mentioned in its regulatory filing.

This included Rs 176.97 crore spent on raw and packing materials, Rs 81.57 crore on stock-in-trade purchases, Rs 48.89 crore on employee benefits, and Rs 1.04 crore in finance costs.

However, on year-on-year (YoY) basis, the company earned Rs 707 crore in revenue for the quarter, which is 10 per cent more than Rs 645 crore recorded in the same quarter previous year.

Despite the quarterly decline in profit and revenue, Gillette India’s Managing Director Kumar Venkatasubramanian said the company had delivered double-digit growth on both topline and bottom line compared to the same period previous year.

He credited the performance to the company’s integrated growth strategy, which focuses on a strong product portfolio, product superiority, productivity, innovation, and an agile organisation.

He added that the strategy aims to deliver sustainable and balanced growth while creating value.

On the stock market, Gillette India shares were trading at Rs 11,021, up Rs 395 or 3.71 per cent on the National Stock Exchange (NSE) around 2:40 p.m.

In the past five days, the stock gained Rs 182 or 1.68 per cent, and in the past month, it rose by Rs 123.5 or 1.13 per cent.

- IANS

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Reader Comments

P
Priya S
The YoY growth shows they're recovering well post-pandemic. Many FMCG companies faced similar quarterly dips due to market corrections. Their stock performance is still strong - up 3.7% today! Smart investors know this is temporary.
A
Arjun K
As someone who's used Gillette for 15 years, I've noticed their quality has declined while prices keep increasing. Switched to a safety razor last year - better shave and saves me ₹2000/year! Maybe others are doing the same?
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Sarah B
Interesting how they reduced expenses but still saw profit drop. Their employee benefits cost ₹48.89 crore - hope they're not cutting staff benefits to save costs! Corporate India needs to balance profits with employee welfare.
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Vikram M
The real story is in the stock performance - up 1.68% in 5 days shows investor confidence. Quarterly fluctuations happen, but long-term growth matters more. Their premium positioning still works in urban markets where brand loyalty is strong.
K
Kavya N
₹145 crore profit is still massive! Many Indian companies would kill for these numbers. The slight dip might be due to summer season when shaving product sales typically drop. Wait for festive season numbers - they'll bounce back!

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