Gillette India Q3 Revenue Surges 12.7%, Nirmal Bang Upgrades Target Price
Gillette India's Q3 financial results show impressive growth, with revenue up 12.7% year-over-year to Rs 7.70 billion, surpassing analyst estimates. EBITDA increased by 40% to Rs 2.30 billion. Nirmal Bang maintains a 'Buy' rating and has raised its target price for the stock, citing a positive business outlook.
26May 25
Gillette India: Quarterly Profit Surges 60% on Strong Grooming Demand
Gillette India announced impressive Q4 results with a 60% increase in net profit to ₹1.59 billion. The grooming segment saw 15.60% revenue growth to ₹6.45 billion. The company increased advertising spend by 61%, which contributed to sales growth. Following the announcement, Gillette India's shares rose nearly 10%.