Gillette India Announces Q4 & FY 06 Results

Gillette India Ltd has announced the following Unaudited results for the quarter & year ended December 31, 2006:The Company has posted a net profit of Rs 277.10 million for the quarter ended December 31, 2006 as compared to Rs 149.50 million for the quarter ended December 31, 2005. Total Income (net of excise) has increased from Rs 1211.50 million for the quarter ended December 31, 2005 to Rs 1359.00 million for the quarter ended December 31, 2006.The Company has posted a net profit of Rs 703.20 million for the year ended December 31, 2006 as compared to Rs 687.20 million for the year ended December 31, 2005. Total Income (net of excise) has decreased from Rs 4709.60 million for the year ended December 31, 2005 to Rs 4333.90 million for the year ended December 31, 2006.The figures for the year ended December 31, 2005 are Audited.Sharing perspective on the results for the fourth quarter, Managing Director of the Company, Mr. Shantanu Khosla said, The gains in both the top line and bottom line in Q4 coupled with higher market shares across categories follows the successful integration of the GIL business with P&G. Our transition to the new organization is complete and delivering results exceeding expectations.