<p>New Delhi: Procter & Gamble Hygiene and Health Care Ltd (PGHH) on Wednesday reported a growth of 10.32 per cent in profit after tax at Rs 228.90 crore in the second quarter ended December 2023 largely led by productivity, and moderating cost inflation.</p>.<p>The company, which follows the July-June financial year, had reported a profit after tax of Rs 207.47 crore in the corresponding quarter of the previous fiscal.</p>.<p>Procter & Gamble Hygiene and Health Care Ltd revenue from operations was marginally down to Rs 1,133.43 crore during the quarter under review. It was at Rs 1,137.39 crore a year ago.</p>.<p>"The profit growth is led by product price-mix, productivity, and moderating cost inflation versus the base period," the earning statement from the company which owns popular brands such as Vicks in healthcare and Whisper in feminine care said.</p>.P&G to spend more to back women-led businesses in India.<p>PGHH's total expense was at Rs 840.50 crore in the December quarter, down 2.85 per cent compared to the same period a year ago.</p>.<p>"The quarter has remained challenging amidst a difficult operating environment."</p>.<p>"We remain committed to our integrated growth strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution and consumer and customer value — productivity, constructive disruption, and an agile and accountable organization," PGHH Managing Director LV Vaidyanathan said.</p>.<p>PGHH board has also declared an interim dividend of Rs 160 per equity share of face value of Rs 10 each for the financial year 2023-24.</p>.<p>"The company is celebrating its 60th year since the commencement of operation. This interim dividend includes a one-time special dividend of Rs 60 per equity share to commemorate this special occasion," it said.</p>.<p>The board of the company has also approved the appointment of Ashima Goyal as Independent Director of the company, for a period of five years.</p>.<p>Shares of Procter & Gamble Hygiene and Health Care Ltd on Wednesday were trading at Rs 17,149.95 on BSE, down 0.09 per cent from the previous close.</p>
<p>New Delhi: Procter & Gamble Hygiene and Health Care Ltd (PGHH) on Wednesday reported a growth of 10.32 per cent in profit after tax at Rs 228.90 crore in the second quarter ended December 2023 largely led by productivity, and moderating cost inflation.</p>.<p>The company, which follows the July-June financial year, had reported a profit after tax of Rs 207.47 crore in the corresponding quarter of the previous fiscal.</p>.<p>Procter & Gamble Hygiene and Health Care Ltd revenue from operations was marginally down to Rs 1,133.43 crore during the quarter under review. It was at Rs 1,137.39 crore a year ago.</p>.<p>"The profit growth is led by product price-mix, productivity, and moderating cost inflation versus the base period," the earning statement from the company which owns popular brands such as Vicks in healthcare and Whisper in feminine care said.</p>.P&G to spend more to back women-led businesses in India.<p>PGHH's total expense was at Rs 840.50 crore in the December quarter, down 2.85 per cent compared to the same period a year ago.</p>.<p>"The quarter has remained challenging amidst a difficult operating environment."</p>.<p>"We remain committed to our integrated growth strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority — across product performance, packaging, brand communication, retail execution and consumer and customer value — productivity, constructive disruption, and an agile and accountable organization," PGHH Managing Director LV Vaidyanathan said.</p>.<p>PGHH board has also declared an interim dividend of Rs 160 per equity share of face value of Rs 10 each for the financial year 2023-24.</p>.<p>"The company is celebrating its 60th year since the commencement of operation. This interim dividend includes a one-time special dividend of Rs 60 per equity share to commemorate this special occasion," it said.</p>.<p>The board of the company has also approved the appointment of Ashima Goyal as Independent Director of the company, for a period of five years.</p>.<p>Shares of Procter & Gamble Hygiene and Health Care Ltd on Wednesday were trading at Rs 17,149.95 on BSE, down 0.09 per cent from the previous close.</p>