Gillette India profit rises 11% as grooming counters oral-care decline

Gillette India Limited reported profit of Rs 159.10 crore for the three months ended September 30, 2026, up 11% from Rs 143.65 crore a year earlier, as grooming segment profit increased Rs 30.05 crore and more than offset an Rs 8.15 crore decline in oral-care segment profit.

What were Gillette India’s September-quarter earnings?

Gillette India’s profit for the period rose to Rs 159.10 crore in the three months ended September 30, 2026, from Rs 143.65 crore in the corresponding quarter of 2025. Profit before tax increased to Rs 213.67 crore from Rs 192.72 crore, while total income rose to Rs 854.47 crore from Rs 819.52 crore.

Revenue from operations increased to Rs 846.10 crore from Rs 810.81 crore, a rise of Rs 35.29 crore. Other income declined to Rs 8.37 crore from Rs 8.71 crore, so the increase in total income was driven by operating revenue rather than by other income.

Gillette India reported basic and diluted earnings per share of Rs 48.83, against Rs 44.08 a year earlier. The filing says these per-share figures are not annualised; paid-up equity share capital, based on a face value of Rs 10 per equity share, remained Rs 32.59 crore.

Which business drove Gillette India’s quarterly profit growth?

Gillette India’s grooming business drove the increase in quarterly earnings, with segment profit before finance costs and tax rising to Rs 192.43 crore from Rs 162.38 crore. Grooming revenue increased to Rs 679.00 crore from Rs 665.93 crore, while segment profit rose by Rs 30.05 crore.

Grooming generated about 80% of Gillette India’s Rs 846.10 crore September-quarter operating revenue, compared with about 82% of Rs 810.81 crore a year earlier. The segment produces and sells shaving systems and cartridges, blades, toiletries and components, according to the segment disclosures prepared under Indian Accounting Standard 108, or Ind AS 108.

Oral Care delivered faster revenue growth but a lower segment result. Its revenue rose to Rs 167.10 crore from Rs 144.88 crore, an increase of Rs 22.22 crore, while segment profit declined to Rs 17.48 crore from Rs 25.63 crore.

The Rs 30.05 crore increase in grooming segment profit exceeded the Rs 8.15 crore reduction in Oral Care profit. Total segment results therefore increased to Rs 209.91 crore from Rs 188.01 crore before finance costs and unallocable income net of unallocable expenditure; Oral Care produces and sells toothbrushes and oral-care products.

How did Gillette India’s costs change in the September quarter?

Gillette India’s total expenses rose to Rs 640.80 crore from Rs 626.80 crore, an increase of Rs 14.00 crore that was lower than the Rs 35.29 crore rise in revenue from operations. This comparison coincided with profit before tax increasing Rs 20.95 crore to Rs 213.67 crore.

Purchases of traded goods increased to Rs 210.45 crore from Rs 114.36 crore, while cost of materials consumed declined to Rs 166.11 crore from Rs 248.27 crore. Changes in inventories resulted in an Rs 8.75 crore credit in the latest quarter, compared with an Rs 18.68 crore credit in the year-earlier period.

Advertising and sales-promotion expense declined to Rs 108.21 crore from Rs 112.40 crore, and employee-benefit expense fell to Rs 51.74 crore from Rs 53.26 crore. Other expenses were Rs 90.98 crore against Rs 93.44 crore, while finance costs were unchanged at Rs 4.07 crore.

Grooming’s segment profit represented about 28% of its Rs 679.00 crore revenue, compared with about 24% on Rs 665.93 crore a year earlier. Oral Care’s corresponding proportion declined to about 10% from about 18%, based on its reported segment profit of Rs 17.48 crore and revenue of Rs 167.10 crore.

What did Gillette India report for the first half?

Gillette India reported first-half profit of Rs 318.55 crore for the six months ended September 30, 2026, compared with Rs 289.34 crore in the corresponding six months of 2025. Revenue from operations increased to Rs 1,629.12 crore from Rs 1,517.53 crore, a rise of Rs 111.59 crore.

First-half grooming revenue increased to Rs 1,307.65 crore from Rs 1,242.86 crore, while its segment profit rose to Rs 365.88 crore from Rs 315.91 crore. Oral Care revenue grew to Rs 321.47 crore from Rs 274.67 crore, but its segment profit declined to Rs 55.19 crore from Rs 62.44 crore.

Total expenses for the first half increased to Rs 1,215.02 crore from Rs 1,144.77 crore. Profit before tax rose to Rs 427.69 crore from Rs 388.15 crore, and income-tax expense increased to Rs 109.14 crore from Rs 98.81 crore.

The half-year figures show the same segment pattern as the September quarter: grooming profit increased by Rs 49.97 crore, whereas Oral Care profit decreased by Rs 7.25 crore. Total segment results rose to Rs 421.07 crore from Rs 378.35 crore before finance costs and unallocable income net of unallocable expenditure.

What changed in Gillette India’s cash and balance sheet?

Gillette India ended September 30, 2026 with total assets of Rs 2,058.35 crore, compared with Rs 1,871.47 crore on March 31, 2026. Cash and cash equivalents increased to Rs 587.80 crore from Rs 266.82 crore, while trade receivables declined to Rs 264.70 crore from Rs 397.73 crore.

Net cash generated from operating activities was Rs 575.39 crore in the six months ended September 30, 2026, compared with Rs 354.38 crore in the corresponding period of 2025. The latest half-year cash flow included an Rs 134.05 crore decrease in trade receivables, while the prior-year period recorded an Rs 0.70 crore increase.

Investment in property, plant and equipment and capital work-in-progress was Rs 70.75 crore, compared with Rs 42.67 crore in the previous corresponding half. Gillette India paid Rs 195.51 crore in dividends, against Rs 153.15 crore a year earlier, and reported total equity of Rs 1,073.28 crore at September 30, 2026.

Total liabilities were Rs 985.07 crore at September 30, 2026, compared with Rs 925.04 crore at March 31, 2026. Current liabilities increased to Rs 877.03 crore from Rs 816.41 crore, including trade payables to creditors other than micro and small enterprises of Rs 707.73 crore, compared with Rs 662.14 crore.

Conclusion

Gillette India’s September-quarter profit growth reflected a higher contribution from grooming, whose Rs 30.05 crore increase in segment profit outweighed the Rs 8.15 crore decline in Oral Care profit. Revenue increased in both segments, but the reported profit movement differed sharply, with Oral Care sales rising Rs 22.22 crore while its segment result fell.

The next reported period will show whether Oral Care segment profit recovers from Rs 17.48 crore while the business sustains its September-quarter revenue of Rs 167.10 crore. The filing discloses no earnings target, operating plan or scheduled business event, and states that the September-quarter and half-year results were approved by the board on November 13, 2026 and subjected to limited review.