Gillette India posts 11 per cent revenue growth with strong Q1 FY27 performance

New Delhi: Gillette India has proved that a clean shave extends beyond its products. The FMCG company delivered a strong start to fiscal 2027, reporting double-digit revenue growth and higher profits, supported by volume growth, portfolio execution and productivity initiatives.

For the quarter ended 30 June 2026, Gillette India Limited reported revenue from operations of Rs 783.02 crore, up 10.8 per cent from Rs 706.72 crore in the corresponding quarter last year. On a sequential basis, however, revenue slipped 1.1 per cent from Rs 792.00 crore reported in the March 2026 quarter.

Other income stood at Rs 5.22 crore, taking total income to Rs 788.24 crore, a 10.5 per cent increase over Rs 713.40 crore in the year-ago period.

Profit before tax rose 9.5 per cent to Rs 214.02 crore, compared with Rs 195.43 crore a year earlier. Profit after tax increased 9.4 per cent to Rs 159.45 crore, up from Rs 145.69 crore in the first quarter of FY26.

Basic and diluted earnings per share, based on a face value of Rs 10 each, improved to Rs 48.93 from Rs 44.71 a year earlier.

The company’s cost base also increased during the quarter. Total expenses rose to Rs 574.22 crore, compared with Rs 517.97 crore in the corresponding quarter last year.

Among the key expense heads, the cost of materials consumed increased to Rs 187.70 crore from Rs 176.97 crore, while purchases of stock-in-trade rose to Rs 94.55 crore from Rs 81.57 crore. Employee benefits expense climbed to Rs 61.17 crore, compared with Rs 48.89 crore a year ago.

Advertising and sales promotion spending declined significantly to Rs 103.32 crore, down from Rs 136.37 crore in the same quarter last year, reflecting tighter marketing expenditure. Other expenses rose marginally to Rs 97.40 crore from Rs 95.17 crore, while finance costs remained largely stable at Rs 1.02 crore, compared with Rs 1.04 crore a year ago. Depreciation and amortisation expenses fell to Rs 17.97 crore from Rs 20.46 crore.

Tax expense for the quarter stood at Rs 54.57 crore, comprising Rs 55.94 crore in current tax and a deferred tax credit of Rs 1.37 crore. Total comprehensive income came in at Rs 160.70 crore.

Commenting on the results, Gillette India Limited, managing director, Kumar Venkatasubramanian said the company delivered double-digit topline growth while maintaining consistent bottom-line performance through disciplined execution of its integrated growth strategy. He added that the company’s focus on product superiority, productivity, innovation and organisational agility positions it well to capture future growth opportunities and create long-term value for stakeholders.

Compared with the previous quarter, profit before tax declined from Rs 260.05 crore and profit after tax eased from Rs 192.51 crore, while earnings per share moderated from Rs 59.08. For the full financial year ended 31 March 2026, Gillette India had reported revenue from operations of Rs 3,099.53 crore, total income of Rs 3,127.42 crore, profit before tax of Rs 880.34 crore, profit after tax of Rs 654.31 crore and earnings per share of Rs 200.80.

The company said both its grooming and oral care businesses recorded healthy growth during the quarter, underscoring the resilience of its core portfolio. With steady demand, disciplined cost management and continued investment in brand and product superiority, Gillette India has begun FY27 on a solid footing despite a sequential moderation in quarterly earnings.