Gillette India’s Razor-Sharp Dividend Pay-out

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Dividend Declaration

Gillette India announces Rs 50/share dividend for FY ending June 30, 2023, the highest in 2 years

Dividend History

Last Rs 50/share dividend declared in May 2021; followed by the July-June financial year

Financial Performance

Qtrly net profit Rs 92 crore (↑36% YoY), revenue Rs 619 crore (↑12%), operating profit Rs 144 crore (↑29%)

EBITDA Margin

Qtrly EBITDA margin up 300 basis points to 23.2% (from 20.2% last year)

Two Cents

Gillette India's strong financials, rising profits, and improved EBITDA margin indicate a positive trend in business performance