Gillette India profit rises 10.8 percent
Gillette India posted a higher second-quarter profit as cost cuts helped mitigate commodity pressures. Revenue from operations increased by 4.4 percent during the period.
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GILLETTE INDIA LTD posted a 10.8% rise in second-quarter profit on Friday morning, driven by cost cuts that offset higher commodity expenses. The consumer goods maker reported net profit of 1.59 billion rupees ($16.89 million) for the quarter ended September 30, up from 1.44 billion rupees a year earlier. The earnings growth highlights how aggressive productivity measures can protect margins even as input costs climb across India.
