Gillette India, a subsidiary of Procter & Gamble, reported a 7% increase in quarterly profit due to rising demand for its grooming products. The company's profit rose to 926.9 million rupees ($11.13 million) from 867.8 million rupees a year ago. Gillette's total revenue from operations climbed 7.7% to 6.68 billion rupees. India's annual retail inflation eased to 6.83% in August from 7.44% in July, further easing to 5.02% in September on softer food prices, helping revive consumers' discretionary spending.
- News Source Indiatimes (Click to view full news): CLICK HERE
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