FILE PHOTO: Gillette razors, a brand owned by Procter & Gamble
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Gillette India reported a 21.3 per cent rise in fourth-quarter profit on Wednesday, helped by demand for grooming products and lower costs, sending shares to a three-month high.The company, a unit of US consumer goods major Procter & Gamble, posted a profit of ₹193 crore ($20.16 million), up from ₹159 crore a year ago.Here are some details:* Shares rose 4.2% to ₹8,220.5 after results, hitting a 3-month high and extending gains for a fourth straight session.* Revenue rose 3.2% to ₹792 crore, while expenses fell 5.7% on account of inventory-led gains.* Revenue from the firm's primary grooming segment, which accounts for more than 80% of the total revenue, rose 1.4%. Its smaller oral care segment reported a nearly 13% increase.* Gillette India, which faces competition from Bombay Shaving Company in razors and Philips in trimmers, expanded its portfolio across facial-hair styles and women's grooming.* The company also appointed Ashwath Rao as CFO, effective July 1, 2026.Published on May 27, 2026
