Gillette India surges over 14% post Q3 earnings, dividend record date in focus

The company posted a net profit of Rs 125.97 crore in Q3FY25, reflecting a 21 per cent jump from Rs 103.95 crore in the same period last year. Revenue from operations rose 7.3 per cent year-on-year (YoY) to

Rs 685.55 crore, up from Rs 639.46 crore.

• Grooming segment revenue surged 11 per cent to Rs 570.64 crore, compared to Rs 514.21 crore last year. However, its EBIT declined to Rs 123.49 crore from Rs 129.04 crore, indicating margin pressure.

• Oral care revenue, on the other hand, dropped 8.25 per cent to Rs 114.91 crore, but its EBIT skyrocketed to Rs 38.74 crore from Rs 6.49 crore, signalling improved efficiency.

Dividend details: Record date on February 19

Gillette India had earlier declared an interim dividend of Rs 65 per share for FY25. The company stated in its regulatory filing that shareholders holding shares as of February 19, 2025, will be eligible for the payout.

Stock market reaction

The stock traded ex-dividend on February 18, and the sharp rally in share price indicates strong investor confidence in the company's performance and dividend payout. By 12:55 PM, Gillette India was up 13.86 per cent at Rs 8,488.10 per share.

With robust earnings, a solid dividend payout, and strong investor sentiment, analysts expect Gillette India to remain on investors’ radar in the near term. However, margin pressures in the grooming segment could be a key area to watch in upcoming quarters.