Procter & Gamble Q4 net up by 19.09%

Procter & Gamble Co. headquarters building in Cincinnati. File Photo.

FMCG major Procter & Gamble (P&G) reported a 19.09 per cent increase in its net profit at Rs. 107.09 crore, for the last quarter, ended June 2015.

The net profit in the same quarter (April-June) of the previous fiscal stood at Rs. 89.92 crore, the company said in a regulatory filing.

P&G, which follows a July-June financial year, in a separate filing said, the company appointed AI Rajwani as the Managing Director, for a period of five years, with effect from August 28, 2015.

For the quarter ended June, the company’s net sales grew by 15.21 per cent to Rs. 557.09 crore, from Rs. 483.51 crore in the year-ago period.

For the full fiscal ended June, 2015, its net profit grew to Rs -. 346.16 crore from Rs. 302.02 crore in the previous fiscal.

Net sales during the fiscal stood at Rs. 2,332.27 crore compared with Rs. 2,047.2 crore a year-ago.

The company also recommended a final dividend of Rs. 30.25 per equity share for the financial year, ended June 30, 2015, that will be paid on approval of the shareholders, at the 49th Annual General Meeting.

Shares of the company today closed at Rs. 6,060 apiece on BSE, up 0.68 per cent.