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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 4.18 % in the past year, decrease in net sales/revenue by -5.2 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -4.18 %, Marginal decrease of -19.51% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Gillette India Limited. Notable increase of 26.4 % in net profit Year to Year, Gillette India Limited’s profitability increased by 17.04 % in this quarter.
- EPS over the Year and quarter: EPS increased by 26.43 % Year to Year. EPS increased by 17.03 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 619.44 Cr | Rs. 680.74 Cr | Rs. 645.33 Cr | -5.2 % | + 4.18 % |
Expenses | Rs. 475.78 Cr | Rs. 520.4 Cr | Rs. 470.8 Cr | -9.53 % | -1.05 % |
Operating Profit | Rs. 143.66 Cr | Rs. 160.34 Cr | Rs. 174.53 Cr | + 8.85 % | + 21.49 % |
OPM % | 23.19 % | 23.55 % | 27.05 % | + 3.5 % | + 3.86 % |
Other Income | Rs. 4.78 Cr | Rs. 5.69 Cr | Rs. 4.58 Cr | -19.51 % | -4.18 % |
Interest | Rs. 3.16 Cr | Rs. 2.57 Cr | Rs. 2.68 Cr | + 4.28 % | -15.19 % |
Depreciation | Rs. 21.64 Cr | Rs. 20.64 Cr | Rs. 21.2 Cr | + 2.71 % | -2.03 % |
Profit before tax | Rs. 123.64 Cr | Rs. 142.82 Cr | Rs. 155.23 Cr | + 8.69 % | + 25.55 % |
Tax % | 25.79 % | 30.62 % | 25.29 % | -5.33 % | -0.5 % |
Net Profit | Rs. 91.75 Cr | Rs. 99.09 Cr | Rs. 115.97 Cr | + 17.04 % | + 26.4 % |
EPS in Rs | Rs. 28.15 | Rs. 30.41 | Rs. 35.59 | + 17.03 % | + 26.43 % |
Today, we’re looking at Gillette India Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 4.18 %. However, it did see a marginal slip of -5.2 % from the previous quarter. Expenses decreased slightly by -9.53 % quarter-on-quarter, aligning with the annual decline of -1.05 %. Operating profit, while up 21.49 % compared to last year, faced a quarter-on-quarter increase of 8.85 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.86 %, but an expansion of 3.5 % sequentially. Other income fell by -19.51 % compared to the last quarter, despite an annual decline of -4.18 %. Interest expenses surged remarkably by 4.28 % from the previous quarter, yet the year-over-year decrease remains at a moderate -15.19 %. Depreciation costs climbed by 2.71 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.03 %. Profit before tax grew annually by 25.55 % but saw an increase from the preceding quarter by 8.69 %.
Tax expenses as a percentage of profits decreased slightly by -0.5 % compared to last year, with a more notable quarter-on-quarter decrease of -5.33 %. Net profit rose by 26.4 % year-on-year but experienced a 17.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.43 % but a quarterly rise of 17.03 %. In summary, Gillette India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 619.44 Cr | Rs. 680.74 Cr | Rs. 645.33 Cr | -5.2 % | + 4.18 % |
Expenses | Rs. 475.78 Cr | Rs. 520.4 Cr | Rs. 470.8 Cr | -9.53 % | -1.05 % |
Operating Profit | Rs. 143.66 Cr | Rs. 160.34 Cr | Rs. 174.53 Cr | + 8.85 % | + 21.49 % |
Net Profit | Rs. 91.75 Cr | Rs. 99.09 Cr | Rs. 115.97 Cr | + 17.04 % | + 26.4 % |
EPS in Rs | Rs. 28.15 | Rs. 30.41 | Rs. 35.59 | + 17.03 % | + 26.43 % |
In reviewing Gillette India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.18 % year-on-year growth, although there was a slight dip of -5.2 % from the previous quarter. Expenses decreased by -1.05 % compared to the previous year, with a decrease of -9.53 % quarter-on-quarter. Operating Profit surged by 21.49 % annually, and saw a 8.85 % increase from the last quarter.
Net Profit showed yearly increase of 26.4 %, and experienced a 17.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 26.43 % annually, however rose by 17.03 % compared to the last quarter. In essence, while Gillette India Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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