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P&G netprofit jumps 50% to Rs 104 crore

P&G netprofit jumps 50% to Rs 104 crore

Author | exchange4media News Service | Monday, Dec 05,2016 9:33 AM

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P&G netprofit jumps 50% to Rs 104 crore

FMCG major Procter and Gamble Hygiene and HealthCare Ltd (P&G) has reported a 50.14 per cent jump in net profit at Rs. 104 crore for the quarter ended September 30, helped by lower expenses.

The company, which follows July to June fiscal, had posted a net profit of Rs. 69.56 crore in the year-ago period.

Its total income from operations during the quarter under review stood at Rs. 622 crore, up 12 per cent versus a year ago, P&G said in a statement.

The company further said it “continues to focus on productivity and cost efficiency’’.

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