Procter & Gamble Hygiene and Health Care Ltd. (PGHHCL), one of India’s fastest growing FMCG companies that have in its portfolio Whisper– India’s leading Feminine Hygiene brand, and Vicks – India’s No. 1 Health Care brand, and Old Spice has announced its Quarterly Results for the quarter ended 30th September 2021. The company that follows the financial year from 1st July to 30th June has reported revenue growth of 4.8%, but bottom-line i.e., Net Profit has gone down by 14% YoY to Rs. 218.3 Cr. in the September Quarter. Let’s discuss more about the performance of the company in this quarter, as we move ahead in this article,
PGHH- Quarterly Result
“Despite a challenging market environment and a higher base period, we delivered strong growth in the first quarter driven by the strength of our trusted product portfolio and strong retail execution. We continue to remain focused on our strategy of driving superiority, improving productivity, leading constructive disruption, and strengthening our organization and culture. As the industry faces commodity inflation, we have doubled down our focus on driving productivity and innovation to drive balanced top and bottom-line growth.”
PGHH reported a strong sequential growth but lagged in terms of yearly basis. The company’s profit stands at Rs. 218.3 Cr. up by around 346% QoQ, but has fallen by 14% YoY. PGHH stock can be a good pick for conservative to moderate investors, but do not consider this as direct investment advice and do proper research and study before making any investment decisions.
Originally Published On: https://blog.investyadnya.in/procter-gamble-hygiene-and-health-care-limited/