Procter & Gamble Hygiene and Health Care today reported a 13 per cent decline in the net profit at Rs 131 crore for the December quarter, on the back of increased investment in product innovation and advertising.
The net profit of the FMCG company was Rs 150.62 crore in the corresponding quarter of the last fiscal.
Both the feminine care and healthcare businesses delivered strong growth behind brand fundamentals, strength of product portfolio and improved in-store execution, P&G said in a statement.
Total income of the company rose to Rs 711 crore during the quarter ended December 2017, from Rs 686 crore in the same quarter of the previous fiscal.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
09:01 AM IST