(Reuters) -Gillette India posted an 8% rise in profit for the quarter ended September 30 on Thursday, on sustained demand for its grooming products like shaving razors and creams.
The company, owned by Procter & Gamble, posted a profit of 1.44 billion rupees ($16.38 million), compared with 1.33 billion rupees a year ago.
With self-care habits rising in popularity in India, demand for grooming products has been healthy.
The grooming segment revenue, which accounts for more than 80% of the company’s total revenue, increased nearly 3% to 6.66 billion rupees during the quarter.
Meanwhile, revenue from its smaller segment, oral care, rose 9%.
“We delivered balanced growth across the portfolio”, the company said in a statement.
Its total revenue from operations rose 4% to 8.11 billion rupees.
Shares of the company were up 0.5% after the results.
($1 = 87.8950 Indian rupees)
(Reporting by Komal Salecha in Bengaluru; Editing by Harikrishnan Nair)
