P
Mumbai, Sep 1 (UNI) Procter&Gamble Hygiene and Health Care Limited (PGHHCL) today announced sales turnover of Rs 643 crore for 2007-08 up by 19 per cent over the previous fiscal.
P&G Health Care grew by a strong 16 per cent, driven by more than 25 per cent growth in Vicks Vaporub and Vicks Cough drops.
The Feminine Hygiene category posted 21 per cent sales growth in FY 07-08 versus FY 06-07.
The Profit Before Tax (PBT) of Rs 180.6 crore was up by 24 per cent during the period under review, with Profit After Tax (PAT) at Rs 131.4 crore, up by 46 per cent. Adjusting for exceptional items, PBT and PAT are up by 17 per cent and 23 per cent respectively. The higher PAT increase is driven by the Company, leveraging tax incentives for manufacturing.
For the fourth quarter (April-June 08), sales have posted a strong growth of 20 per cent at Rs 150 crore (vs last year's Rs 126.4 crore).
PGHHCL
Chairman
Bharat
V
Patel,
commenting
on
the
performance
said,
''Our
focus
on
driving
superior
quality
and
value,
product
innovations,
insightful
marketing
programs,
strong
trade
plans,
and
expanded
distribution
have
helped
us
to
stay
as
market
leaders
in
the
categories
we
compete
in.
We
will
continue
to
stay
focused
on
creating
clutter
breaking
and
consumer
meaningful
marketing
programs,
while
investing
in
enhanced
organization
capabilities
that
help
deliver
these
plans.''
UNI
VK
SR
VKG1820