Business & FinanceTop StoryTop StoryLatest News
P&G Hygiene Q2 Net Profit Falls 6.7% to ₹196 Cr, Revenue Dips 0.4%
Sentiment: NeutralHigh Priority
What Happened?
Procter & Gamble Hygiene and Health Care Ltd reported a 6.68% decline in net profit to ₹195.84 crore for Q2 FY27, impacted by rising raw material costs. Revenue fell slightly to ₹1,145 crore.
Key points
- Net profit for Q2 FY27 was ₹195.84 crore, down from ₹209.86 crore in the same quarter last year.
- Revenue from operations decreased to ₹1,145 crore from ₹1,150.17 crore year-on-year.
- The company faced double-digit profitability impacts due to commodity cost fluctuations and unfavorable foreign exchange rates.
- Total expenses rose to ₹900 crore, a 2.47% increase compared to the previous year.
- In the first half of FY27, total revenue dropped by 2% to ₹2,063 crore.
- Shares closed flat at ₹7,200 on the BSE.
Key insights
- The company's profitability may continue to be pressured by ongoing commodity cost fluctuations.
- Investments in innovation and advertising could position the company for future competitiveness.
- The slight revenue decline may indicate broader market challenges in the FMCG sector.
Why it matters
The decline in profit and revenue highlights challenges faced by the company in maintaining profitability amid rising costs.
Entities
Procter & Gamble Hygiene and Health Care Ltd· CompanyIndia· Country
Source
Business Standard
