Gillette India Q1 Results: Operating income growth slower than revenue; stock falls

Shares of Gillette India Ltd. were trading 1.5% lower at ₹7,775 on Thursday, July 30, despite the FMCG company reporting double-digit revenue growth and a near 10% rise in net profit for the June quarter. The stock has declined 5% so far this year.

For the first quarter of FY27, Gillette India’s net profit rose 9.6% year-on-year to ₹160 crore from ₹146 crore.

Revenue increased 10.7% to ₹783 crore from ₹707 crore, while EBITDA climbed 8.2% to ₹227.8 crore from ₹210.5 crore. EBITDA margin eased to 29.1% from 29.8% a year ago.

The company attributed its performance to the strength of its strategic product portfolio, innovation aimed at evolving consumer needs, and strong retail execution across channels. It added that profit growth was supported by double-digit topline expansion and productivity initiatives.

Managing Director Kumar Venkatasubramanian said the company delivered double-digit revenue growth alongside consistent bottom-line performance.

He added that Gillette remains focused on portfolio strength, product superiority, productivity and execution, and believes these priorities will support future growth opportunities and long-term value creation.