P&G Q1 net profit jumps 50% to Rs 104 cr


FMCG major Procter and Gamble Hygiene and Health Care Ltd (P&G) today reported a 50.14 per cent jump in the net profit to Rs 104.44 crore for the quarter ended September 30, helped by lower expenses.

The company, which follows July to June fiscal, had posted a net profit of Rs 69.56 crore in the year-ago period.

Its total from operations during the quarter under review stood at Rs 622.5 crore, up 12.48 per cent from Rs 553.43 crore a year ago, P&G said in a filing.

The company further said it “continues to focus on productivity and cost efficiency”.

Its overall expenses during the quarter rose to Rs 484.05 crore from Rs 469.18 crore in the corresponding period last year, up 3.16 per cent.