Page 3 - Procter & Gamble

Procter & Gamble Hygiene December quarter profit down 15% to Rs 212 cr

Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported 15.38 per cent decline in net profit at Rs 212.06 crore for the second quarter ended December 31, 2021. The company, which follows July-June financial year, had posted a net profit of Rs 250.62 crore in the year-ago period, it said in a regulatory filing. However, revenue from operations was higher at Rs 1,092.98 crore during the period under review as against Rs 1,018.44 crore in the same period a year ago. The company's stock on Tuesday settled at Rs 14,816.80 on BSE, up 0.09 per cent from the previous close.

Procter & Gamble Home Products FY21 profit up over 3-folds to Rs 482.50 cr

Procter & Gamble Home Products Ltd's net profit has surged over three-folds to Rs 482.50 crore and its revenue from operation grew 6.25 per cent to Rs 6,196.03 crore in the pandemic hit FY21, as per regulatory documents. The FMCG major had logged a net profit of Rs 152.29 crore in FY'20, while its revenue from operation in that year was at Rs 5,831.76 crore. Procter & Gamble Home Products Ltd's (PGHPL) total income went up 6.91 per cent at Rs 6,313.71 crore in the fiscal ended March 2021, as against Rs 5,905.52 crore in the preceding financial year, according to the Registrar of Companies filing - shared by market intelligence firm Tofler. In FY21, PGHPL's other income rose 59.54 per cent to Rs 117.68 crore as against Rs 73.76 crore a year ago. During the financial year 2020-21, its total expenses were at 5,647.78 crore as against Rs 5,610.84 crore in the previous year. The company operates into detergents, baby diapers and hair care products.

FMCG firm Procter & Gamble Q4 net profit down 29% to Rs 49 crore

FMCG firm Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a 29.2 per cent decline in its net profit at Rs 48.98 crore for the quarter ended June 2021. The company, which follows the July-June financial year, had posted a net profit of Rs 69.21 crore in the corresponding period of the previous fiscal, it said in a regulatory filing. However, revenue from operations rose 23.96 per cent to Rs 786.59 crore as against Rs 634.53 crore in the April-June period last year. Revenue from operations for the full fiscal stood at Rs 3,574.14 crore. Shares of the company on Wednesday settled at Rs 13,112.75 on BSE, up 0.65 per cent from the previous close.

Pricing, ad spends to sustain P&G Hygiene's out-performance in near term

Brokerages have upgraded the stock on expectations of double digit growth

HDFC Bank, IndusInd in 'red flag' list on nearing foreign investment cap

A listed company enters the list when the available legroom for overseas investment is less than 3 per cent of the permissible limit

P&G hikes forecast on sustained Covid-led demand for cleaning products

The maker of Tide and Ariel detergent has also benefited from people washing their clothes more often and its organic sales overall rose 9 per cent in the first quarter

Pricey valuation pull down P&G Hygiene stock despite strong Q4 results

A resilient portfolio and margin gains though can help earnings grow at 18-20 per cent annually over next two years

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.

Television, digital ads grow at 40% and 60% of pre-Covid levels: Experts

Media industry experts and agency heads point to a revival in TV and digital advertising in June, as big spenders such as FMCG, automobiles, and e-commerce get operations back to pre-Covid-19 levels

Manjushree Technopack bets big on inorganic growth, eyes acquisitions

"We are more aggressive than earlier, and we see the Covid-19 crisis as an opportunity to grab some businesses that make sense to us," said Sanjay Kapote, CEO, MTL

Advertisers retune the gender pitch, show women as decision makers

During lockdown, advertisements are targeting women as decision makers of the household, but brands need to be cautious about the tone and narrative, say experts

Logging in with facemasks: Offices look different as staff returns to work

Office life in these cities resumed on Monday, albeit cautiously and with full knowledge of the need to maintain social distancing.

P&G in tough spot as focus on revenue growth leads to compromise on profit

The gain was largely on account of the tax cuts announced in September. On the operating front, however, the key metrics look weak both on the revenue and margin fronts

Procter & Gamble India sets up Rs 200-crore fund focused on climate

The new fund is in addition to its innovation sourcing fund that the company, the local unit of the world's largest consumer goods firm P&G, had launched last year

Procter & Gamble strikes back at doubters with surprisingly strong sales

Results are positive for 'beleaguered' industry, analyst says

Procter & Gamble sets up innovation sourcing fund in India for start-ups

The company kicked off an external partner summit in Mumbai on Wednesday to help it identify firms that it could work with

Procter & Gamble claims narrow win over Peltz in proxy challenge

(Reuters) - Procter & Gamble Co said on Tuesday activist hedge fund manager Nelson Peltz lost his fight to win a seat on the company's board, according to a preliminary tally of shareholder votes in the biggest and most expensive proxy contest ever.

FY17 a blip for Procter & Gamble Hygiene

Growth rates expected to pick up, but steep stock valuation a hurdle

Struggles at P&G draw scrutiny of activist investor

Those struggles attracted the attention of Nelson Peltz, a billionaire investor & shareholder

Cut-throat competition

Shave Club syndrome nicks P&G makeover