Gillette India Q1 profit rises 9.4% to ₹159 crore; revenue climbs to ₹783 crore

Gillette India reported a 9.4% rise in first-quarter profit to ₹159 crore on Thursday. Revenue climbed to ₹783 crore as demand for grooming products stayed steady. Even with these gains, shares of the company fell 2% after the results. Higher raw material costs pushed total expenses up by 10.9% this quarter.