June 16, 2021

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Procter And Gamble Well being Stories 66% Decline In Internet Revenue To Rs 15.eight Crore In March Quarter

Procter & Gamble Health Net Profit Drops 66% To Rs 15.8 Crore In March Quarter

Procter And Gamble Well being reported a internet revenue of Rs 15.eight crore in March quarter of fiscal 2020-21

Procter And Gamble Well being Restricted introduced its January-March quarter outcomes for the monetary yr 2020-21 on Thursday, Could 6. In keeping with a regulatory submitting by the corporate to the inventory exchanges as we speak, Procter And Gamble Well being reported a internet revenue of Rs 15.eight crore within the March quarter of the fiscal yr 2020-21, in comparison with Rs 46.5 crore within the corresponding quarter final yr, registering a 66 per cent decline in internet revenue. Procter and Gamble registered gross sales of Rs 214 crores within the fourth and final quarter of fiscal 2020-21, marking a decline of 4 per cent in comparison with the corresponding quarter final yr.

In keeping with the corporate, the gross sales within the quarter have been affected on account of inventory challenges and a better earlier yr’s base on account of exports gross sales phasing throughout the identical quarter final yr. Procter and Gamble reported gross sales for the 9 months ending March 2021 at Rs 710 crores, up by 5 per cent on a year-on-year foundation.

 The online revenue within the March quarter was affected on account of decrease gross sales and decrease expense base final yr, supported by the availability true-ups in addition to reversals, mentioned the agency in its assertion.

The revenue after tax or PAT for the 9 months ending March 2021 stood at Rs 142.9 crore, in comparison with Rs 120.four crores, marking a 19 9 per cent progress on a year-on-year foundation. On Thursday, shares of Procter and Gamble Well being settled 0.67 per cent decrease at Rs 6,270.50 apiece on the BSE.

Procter and Gamble Well being opened on the BSE at Rs 6,398, registering an intra day excessive of Rs 6,398 and an intra day low of Rs 6,231 in the course of the buying and selling session.

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