Gillette India today said its net profit rose by 50 per cent to Rs 42.70 crore for the third quarter ended March 31, 2010, over the same period last year.
Net sales rose to Rs 221.81 crore for the quarter ended March 31, from Rs 171.78 crore in the same period previous fiscal, Gillette India said in a filing to the Bombay Stock Exchange.
For the year ended March 31, 2010, the company has reported a net profit of Rs 118.49 crore, up 58 per cent over the same year-ago period.
"Gillette India has once again maintained its momentum by outperforming expectations and enhancing stakeholder value. I am happy to report a robust increase in our grooming and oral care products," Gillette India MD Shantanu Khosla said.
Shares of Gillette India were trading at Rs 1,555 on the BSE, up 4.18 per cent from previous close.
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