Procter & Gamble Hygiene and Health Care Q1 Results QoQ Revenue Up 33.53% & YoY Net Income Up 39.31%

Procter & Gamble Hygiene and Health Care Q1 Results: In the first quarter of the fiscal year, Procter & Gamble (P&G) Hygiene & Health Care reported strong financial results. Their total revenue reached 1,138.35 crores, which is a 33.53% increase from the previous quarter's 852.53 crores. This means the company earned much more money from its sales. However, their selling, general, and administrative expenses went up a lot, from 83.53 crores to 217.19 crores, marking a huge increase of 160.01%. This means the company spent much more on managing its business.

Procter & Gamble Hygiene and Health’s total operating expenses, including other costs like depreciation and amortization, rose by 32.88%, reaching 867.76 crores. Despite these increased costs, P&G's operating income, which is the profit from core operations, improved by 35.65%, going up to 270.59 crores. 

Procter & Gamble Hygiene and Health’s net income before taxes also grew by 37.70%, reaching 284.47 crores, and the net income, which is the final profit after taxes, increased by 39.31% to 210.69 crores. This strong performance is reflected in the diluted normalized earnings per share (EPS), which rose by 39.32% to 64.91. Overall, P&G had a successful quarter, with significant growth in revenue and profit despite higher expenses.

Here’s a summary of Procter & Gamble (P&G) Hygiene & Health Care’s Q1 results:

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Procter & Gamble Hygiene and Health Care Q1 Results

Procter & Gamble Hygiene and Health Care show the financial performance for three periods: the three months ending on March 31, 2024, the three months ending on June 30, 2023, and the full year ending on June 30, 2023.

In terms of income, the company earned 92,743 in product sales during the last three months, which is less than the 99,815 earned in the same period a year earlier. Overall, revenue from operations was 93,175 for the latest three months, which is lower than the 100,217 from the previous year’s same period. However, other income decreased to 731, compared to 1,359 from the previous period. This brings the total income to 93,906, which is less than the 101,576 earned in the same period the previous year.

Expenses were higher in the latest period, with costs including raw materials, stock purchases, and employee benefits. Total expenses were 82,678 compared to 78,182 in the previous period. This led to a decrease in profit before tax to 11,228 from 23,394. After accounting for taxes and other items, the net profit was 8,106, down from 15,437 a year ago.

Here’s a summary of the financial results for Procter & Gamble Hygiene and Health Care for the specified periods:

Procter & Gamble Hygiene and Health Care Financial Performance

The table shows financial details for Procter & Gamble Hygiene and Health Care. The company's market cap, or total value of its shares, is ₹53,672 crore. The current stock price is ₹16,534. The highest price the stock has reached is ₹19,250, while the lowest is ₹15,306. The Price-to-Earnings (P/E) ratio is 79.5, which means investors are willing to pay 79.5 times the company's earnings for each share. 

Here's a summary of the financial details you provided:

Quarterly Results 

The table for Procter & Gamble Hygiene and Health Care shows financial results for four quarters: Sep 2023, Dec 2023, Mar 2024, and Jun 2024. It includes sales, expenses, and profit figures. Sales peaked at ₹1,138 crores in Sep 2023 but dropped to ₹932 crores by Jun 2024. Expenses followed a similar trend, decreasing from ₹853 crores to ₹813 crores. 

Here's a table for the quarters Sep 2023, Dec 2023, Mar 2024, and Jun 2024 with the relevant financial particulars:

About Procter & Gamble Hygiene and Health Care

Procter & Gamble Hygiene and Health Care, often known as P&G, is a major company that focuses on creating products for personal hygiene and health. They offer a wide range of products that help people maintain cleanliness and health in their daily lives. These products include things like soaps, shampoos, dental care items, and other personal care goods.

Procter & Gamble Hygiene and Health Care aims to make high-quality products that improve the lives of their customers. They are committed to innovation and strive to offer solutions that meet the needs of people around the world. The company places a strong emphasis on understanding what consumers want and finding ways to make their lives better through their products.

Procter & Gamble Hygiene and Health Care also focuses on being responsible and sustainable. They work to reduce their environmental impact by making their products and packaging more eco-friendly. P&G is involved in various social initiatives, aiming to make a positive difference in communities.