P&g

Procter & Gamble ramps up presence on TikTok's Douyin to boost sales

Influencers on Douyin like Ni Bi Yi, a young mom, and Chou Dan, known for her jokes, tout Pantene's jasmine fragrance and ability to repair their hair, according to posts on the China-based sister app

Nestle and P&G probe palm oil sourcing after Indonesia deforestation claims

Some images, which RAN said were taken during a field investigation in February 2024, showed that oil palm seedlings were planted on burnt ground surrounded by fallen trees inside the reserve

P&G Home FY24 results: Net profit jumps 37% to Rs 573.6 cr, revenue up 5%

Procter & Gamble Home Products Ltd has reported a 36.8 per cent increase in its net profit at Rs 573.6 crore and a 4.8 per cent rise in revenue from operations at Rs 8,756.8 crore during FY24, according to the company's filing to RoC (Registrar of Companies). The FMCG major's total income, which also includes other income, was up 11.2 per cent to Rs 9,413.02 crore during the financial year ending March 2024, according to the financial data accessed through business intelligence platform Tofler. In FY23, Procter & Gamble Home Products Ltd (PGHPL), an unlisted entity of Procter & Gamble India, had reported a net profit of Rs 419.31 crore, while its revenue from operations stood at Rs 8,352.10 crore. This P&G entity operates in the fabric and home care, baby care and hair care business of the FMCG major with brands such as Pampers, Tide, Pantene etc. PGHPL's profit before tax was up over two-fold to Rs 1,256.73 crore in FY24. Its advertising and promotional expenses were .

P&G Health clocks 52-week high after reporting good Q2 results; PAT up 26%

P&G Health's revenue from operations for the quarter under review stood at Rs 313.41 crore as compared to Rs 304.93 crore year-on-year (Y-o-Y) which implies an increase of 2.7 per cent

P&G Hygiene sep quarter results: PAT rises marginally to Rs 212 crore

Procter & Gamble Hygiene & Health Care's net profit increased marginally to Rs 211.90 crore in September 2024 quarter as against Rs 210.69 crore posted in September 2023 quarter.

P&G Hygiene net profit rises marginally to Rs 212 crore in Sep quarter

Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a marginal 0.57 per cent rise in profit after tax at Rs 211.90 crore for the first quarter ended September 2024. The company, which follows the July-June financial year, had reported a profit after tax of Rs 210.69 crore in the corresponding quarter of the previous fiscal. Its revenue from operations of Procter & Gamble Hygiene and Health Care Ltd (PGHH) marginally fell by 0.28 per cent to Rs 1,135.16 crore during the quarter under review. It was Rs 1,138.35 crore a year ago. "The volume growth in the industry continues to be muted. The company witnessed growth in the feminine care category and continued to make progress on improving the structural profitability of the business in the quarter," said an earnings statement from PGHH. PGHH's total expense, which operates in the healthcare and feminine care segment with brands Vicks and Whisper in its portfolio, declined 1.3 per cent to Rs 858.29 crore in the ...

P&G posts surprise drop in Q1 sales on weakening demand in US, China

P&G reported a 1 per cent increase in overall organic volumes in the first quarter, while the average prices across its product categories rose 1 per cent

P&G investing in quick commerce as convenience drives consumption

India emerging as destination with most evolved supply chain know-how, says CEO

India emerging as destination for most evolved supply chain: P&G India CEO

India is emerging as a destination for the "most evolved supply chain capabilities" which not only enables product availability but also caters to evolving shopper needs, Procter & Gamble India CEO Kumar Venkatasubramanian said on Monday. Digital advancements are catalysts in shaping this supply chain of the future, by not only optimising costs but also ensuring seamless data flows, predictability, reduced carbon footprint, and best service. With digital transformation, e-commerce and quick commerce, markets have grown and companies such as P&G are investing in developing a deep understanding of the unique consumer behaviour, Venkatasubramanian added. "By learning and understanding our consumers, enabled by the power of digital transformation, we will be able to stimulate performance and unleash results. I think the opportunity has never been greater than this. The playing field has never been greener than this," he said. In his keynote address at an event organised by ...

Margin pressures, valuations to weigh on P&G Hygiene and Healthcare

Going ahead, the Street will track the sales and margin trajectory. Sales growth in the quarter came in ahead of estimates in a seasonally weak quarter due to lower sales of Vicks

P&G Q4 results: Profit after tax down 46% at Rs 81 cr on high spending

Procter & Gamble Hygiene and Health Care Ltd (PGHH) on Wednesday reported 46.40 per cent decline in profit after tax at Rs 81.06 crore for June quarter 2024 on account of increased spending. The company, which follows July-June financial year, had reported a profit after tax of Rs 151.24 crore in the corresponding quarter of the previous fiscal. However, PGHH's revenue from operations was at 931.75 crore as against Rs 852.53 crore a year ago. "PAT for the quarter was Rs 81 crore, with an increase in spending for demand generation to support innovation in healthcare and feminine care," said an earning statement from PGHH. Total expense was at Rs 826.78 crore, up 26 per cent year-on-year. Total income of the Proctor & Gamble entity, which has a portfolio of Vicks in healthcare and Whisper in feminine care, was up 8.86 per cent to Rs 939.06 crore. For the full year, PGHH's profit after tax was flat at Rs 675.02 crore as against Rs 678.14 crore in the previous year. "Reported PAT .

P&G Health stock slips 4% on weak Q4 performance; Rs 60 dividend announced

The drop in the stock price of Procter & Gamble Health came after the company announced a weak set of June quarter results (Q4FY24).

From PepsiCo to P&G, India becomes next big FMCG growth bet as China lags

With India's economy expanding at the fastest pace among major emerging markets, companies are trying to serve its diverse palette

P&G records surprise sales drop as demand slows despite price restraint

The company's rivals, including Nestle and Unilever , also reported first-half sales growth below expectations

P&G Hygiene appoints Mrinalini Srinivasan chief financial officer

Srinivasan has worked across various finance roles in her career spanning 16 years

P&G Hygiene and Health Q3 profit falls 6.5% to Rs 154.4 cr, sales up 13.5%

Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported a decline of 6.45 per cent in profit after tax at Rs 154.37 crore in the third quarter ended March 2024 on account of one-time tax impacts. The company, which follows the July-June financial year, had reported a profit after tax of Rs 165.02 crore in the corresponding quarter of the preceding fiscal. However, Procter & Gamble Hygiene and Health Care Ltd (PGHH) revenue from operations increased 13.48 per cent to Rs 1,002.17 crore during the quarter under review. It was at Rs 883.09 crore a year ago. Its Profit After Tax (PAT) of Rs 154.37 crore "was down 6 per cent vs year ago due to one-time tax impacts in the base as well as current quarters", said the earnings statement from the company which owns popular brands such as Vicks in healthcare and Whisper in feminine care. However, its PAT was "up 50 per cent operationally fuelled by product-price mix and productivity interventions", it added. PGHH's total expense

P&G Hygiene and Health Care agrees to pay Rs 36 crore to tax authorities

Procter & Gamble Hygiene and Health Care on Wednesday said it has arrived at an advanced pricing agreement with the tax authorities for certain identified transactions with the company's affiliate. "As a consequence of this agreement, an additional tax liability, approximately Rs 36 crore (including interest) is payable," the company said. However, there will be a reduction in contingent liabilities of approximately Rs 87 crore, subject to withdrawal of relevant tax litigations by the respective parties. The agreement is for financial years 2010-11 to 2018-19, said Procter & Gamble Hygiene and Health Care in a regulatory filing. "This is to inform you that the Company has arrived at an advanced pricing agreement with the tax authorities today, viz. March 26, 2024, determining appropriate transfer pricing methodology for certain identified transactions with the Company's affiliates," it said. P&G Hygiene and Health Care owns popular brands such as Vicks in healthcare and ...

P&G India appoints Kumar Venkatasubramanian as CEO effective May 1

Current CEO LV Vaidyanathan resigns after 28 years at P&G

Disney grandchildren back CEO Iger & board, slam activist investors

The four grandchildren of Roy Disney, in an open letter to Disney shareholders expressed concerns about the threat posed by "self-anointed" activist investors

P&G Hygiene Q2 result: Profit jumps as lower costs offset dip in sales

BENGALURU (Reuters) - Indian consumer goods maker Procter & Gamble Hygiene and Health Care reported higher second-quarter net profit on Wednesday, as lower costs countered a small drop in sales.