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Gillette India shares jumped 13% as the company prepares for its record date on February 19, 2025, to determine eligibility for an interim dividend. As of 12:38 PM, the shares were trading 11.57% higher at Rs 8,313.85.
The Board of Directors declared a ₹65 per share dividend for the financial year 2024-25 during their meeting on February 10, 2025. This dividend, based on a face value of ₹10 per share, is set to be paid on or before March 7, 2025.
Gillette India shares opened at ₹7,450.00, reaching a high of ₹8,433.00 and maintaining the same low at ₹7,450.00. Over the last 52 weeks, the stock has hit a high of ₹10,699.00 and a low of ₹6,191.00, showcasing a significant range in its market performance.
Gillette India Q3 Results
Gillette India Limited has reported impressive financial results for the quarter ending December 31, 2024, demonstrating notable growth despite rising expenses. The company achieved a 7.2% year-on-year increase in revenue, reaching ₹685.55 crore compared to ₹639.46 crore in Q3 FY24. This growth was driven by higher sales in its grooming and oral care segments during the festive season.
Net profit for the quarter surged by 21% to ₹125.97 crore, up from ₹103.95 crore in the same period last year, reflecting strong sales and operational efficiencies. Additionally, EBITDA rose to ₹183 crore, marking a 17.3% increase from ₹156 crore in the previous year. The EBITDA margin also improved to 26.65% from 24.37%, showcasing better cost management and operational improvements.
While total expenses increased to ₹527.60 crore, primarily due to higher raw material and marketing costs, the company continued to deliver robust profit growth. Tax expenses for the quarter amounted to ₹41.17 crore, in line with the higher profits.
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