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New Delhi, Aug 29: FMCG major Procter&Gamble Hygiene and Health Care Ltd today said it will invest Rs 56 crore to expand capacity of their existing feminine hygiene plant in Goa and build new healthcare plants in Baddi, Himachal Pradesh, to meet the growing demand of their products.

The company also declared that it has posted an increase of 21.4 per cent in net profit at Rs 46.56 crore for the quarter ended June 30, 2006 as compared to Rs 38.36 crore for the same quarter last year.

However, P&G's total income declined by 24.16 per cent at Rs 155.87 crore for the quarter ended June 30, 2006 whereas it was at Rs 205.53 crore in the same period last year.

''Our strong 18 per cent sales growth of the core businesses for both, the full year and last quarter, keeps us in the league of India's fastest growing FMCG companies,'' company Chairman Bharat Patel said.

In addition, the Board of Directors declared a final dividend of Rs 25 per equity share for the year ended June 30, 2006, the company said in a statement.

Further the company informed that the Board of Directors at its meeting held on August 28, 2006, approved the appointment of Intime Spectrum Registry Ltd (ISRL), Mumbai, as the Registrar and Transfer Agent (R&T) of the company in place of MCS Ltd.

This change was necessitated consequent to MCS Ltd selling its registry business to ISRL and would be effective from September 1, 2006.

Besides, the company posted an annual net profit of Rs 139.51 crore for the year ended June 30, 2006, against Rs 124.61 crore a year ago.

The total income of the company for the year ended June 30, 2006, also witnessed a fall of 13 per cent at Rs 631.01 crore as against Rs 731.54 crore in the same period last year.

The company stated the previous period's / year's figures were strictly not comparable with that of the current period / year due to discontinuance of operation of detergent manufacturing business.

UNI