Gillette India profit surges 57% as dividend record date set
Gillette India booked a 56.7% annual profit surge and set an August record date for a proposed dividend, though investors will note a sharp deceleration in quarterly revenue growth.
Gillette India has fixed August 24 as the record date for a proposed dividend, with payouts scheduled for completion by September 30, pending shareholder approval at its rescheduled 42nd annual general meeting. The timeline accompanied full-year earnings that showed net profit surged 56.7% to ₹654.31 crore for the financial year ended March 2026. Total consolidated revenue for FY26 climbed 38.2% to ₹3,127.42 crore, reflecting strong annualized demand.
For market participants, however, the fourth-quarter figures reveal a notable deceleration in top-line momentum that contrasts with the full-year strength. Revenue from operations rose just 3.2% year-on-year to ₹792 crore during the three months to March, up from ₹767.47 crore a year earlier. Profitability in the quarter was instead driven primarily by strict cost management rather than sales growth.
Total expenses fell 5.7% year-on-year to ₹536.93 crore, providing the operational leverage necessary to expand margins. Including other income, total quarterly income reached ₹796.98 crore, a 2.3% increase. This disciplined approach to the cost base ultimately lifted quarterly net profit by 21.3% to ₹192.51 crore, up from ₹158.68 crore in the corresponding period of the previous fiscal year.
A breakdown of the quarterly revenue streams highlights shifting consumer dynamics within the company's portfolio. Grooming revenue, which forms the bulk of the business, inched up just 1.3% to ₹653.26 crore. Conversely, the oral care division demonstrated more robust momentum, with segment revenue advancing 12.8% to ₹138.74 crore.
Shares of the consumer goods company opened at ₹7,809 on the BSE, fluctuating between an intraday low of ₹7,788.30 and a high of ₹7,889.50. From a technical standpoint, the stock is trading in a tight range. Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, said the equity "remains in a consolidation phase on the daily chart, with prices hovering around the 89-day Exponential Moving Average (89-DEMA)."
Bhosale noted that the ₹8,000 level is acting as a key resistance, arguing that a "decisive breakout above it could trigger fresh buying momentum, potentially driving the stock towards its 200-day Simple Moving Average (200-DSMA) near ₹8,300." On the downside, Bhosale identified the recent swing low around ₹7,800 as the immediate support level for investors monitoring the stock's near-term direction.
