Mumbai: Procter & Gamble Hygiene and Health Care Ltd (PGHH) reported a slight increase of 0.57% in profit after tax, to Rs 211.90 crore for the first quarter ended September 2024, media reports said.
This modest rise compares to a profit of Rs 210.69 crore in the same quarter last year, according to a PTI report.
The company, which operates on a July-June fiscal year, saw its revenue from operations dip slightly by 0.28% to Rs 1,135.16 crore, down from Rs 1,138.35 crore in the prior year.
“The volume growth in the industry continues to be muted. The company witnessed growth in the feminine care category and continued to make progress on improving the structural profitability of the business in the quarter,” PGHH stated in its earnings report.
Total expenses for PGHH, which includes its healthcare and feminine care brands Vicks and Whisper, fell by 1.3% to Rs 858.29 crore for the quarter.
The company’s total income, including other income, reached Rs 1,143.66 crore, reflecting a slight year-on-year decline.
PGHH shares traded at Rs 16,291.70 on the BSE on Wednesday afternoon, marking a 0.77% drop from the previous close, the report said.
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