Net profit of Gillette India declined 3.52% to Rs 99.09 crore in the quarter ended March 2024 as against Rs 102.70 crore during the previous quarter ended March 2023. Sales rose 9.96% to Rs 680.74 crore in the quarter ended March 2024 as against Rs 619.07 crore during the previous quarter ended March 2023. ParticularsQuarter Ended�Mar. 2024Mar. 2023% Var. Sales680.74619.07 10 OPM %23.5521.60 - PBDT163.46144.71 13 PBT142.82122.87 16 NP99.09102.70 -4 Powered by Capital Market - Live News

Gillette India will hold a meeting of the Board of Directors of the Company on 29 April 2024.Powered by Capital Market - Live News

Gillette India has arrived at an advanced pricing agreement with the tax authorities today, viz. 26 March 2024, determining appropriate transfer pricing methodology for certain identified transactions with Company`s affiliate(s) for the years viz., F.Y. 2012-13, F.Y. 2014-15 to F.Y. 2016-17. As a consequence of this agreement;1. An additional tax liability, approximately of about Rs. 8 crore (including interest) is payable. 2. There will be a reduction in contingent liabilities of approximately Rs. 250 crore, subject to withdrawal of relevant tax litigations by the respective parties. Powered by Capital Market - Live News

Gillette India announced that the Board of Directors of the Company at its meeting held on 30 January 2024, inter alia, have recommended the nterim dividend of Rs 45 per equity Share (i.e. 450%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Gillette India announced that the Board of Directors of the Company at its meeting held on 30 January 2024, inter alia, have recommended the special dividend of Rs 40 per equity Share (i.e. 400%) , subject to the approval of the shareholders.Powered by Capital Market - Live News