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Gillette India Q4 PAT at Rs51cr

India Infoline News Service | Mumbai |

Gillette India Net sales increased to Rs 477 crores up 22% versus the same quater last year.

Gillette India Limited announced its financial result for the financial year ended June30, 2014. Driven by company's focus on inovation and productivity, Net sales increased to Rs.1746 crore, up 22% versus last year, with robust growth across all segments including Grooming, Oral Care and Portable Power. For the quater ended June30, 2014, Net sales increased to Rs 477 crores, up 22% versus the same quater last year.

Profit After Tax(PAT) for the financial yearin line with expectation at Rs51 cr while Profit Before Tax stood at Rs81 crores. The base Business standard strong result delivering Profit Before Tax +26% versus year ago, while ongoing investment in Oral-B toothpaste as per plan.

Grooming: Sales in the grooming portfolios for the Financial year up 19% versus last year, driven by the strength of our portfolio. Sales for the Quaterended June 30, 2014 were up 18%vs. the same quater last year.

Oral Care: For the financial year, Oral Care delivered robust sale growth of 31% versus last year driven by product innovation including launch of Oral B tooothpaste and focus on brand fundamental. Sales for the quater ended June30, 2014 were up 36% vs. the same quater last year.

Portable Power: Sales in the portable power business for the financial Year were up 21% versus last year. Sales for the quater ended June30, 2014were up 17% vs for the same quater last year.

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