New Delhi, Nov 11 (IANS): Gillette India Ltd (GIL) on Wednesday announced its financial results for the Q1 quarter ended September 30, 2020 showing 12 per cent YoY growth in sales to Rs 516 crore on the back of product innovations, market recovery and strong execution of brand and retail fundamentals.

The company's net profit during the July-September quarter also grew 54 per cent to Rs 95 crore as compared to the profit in the same period of the previous year. The company said that higher profits were on account of focus on productivity and a one-time help in the quarter.

As per the company's management estimates, the profit excluding the one-time items, for the quarter was also up 20 per cent with both grooming and oral care business growing ahead of the category.

GIL Managing Director Madhusudan Gopalan said: "In a challenging market environment, we delivered strong top and bottom-line results. With the easing of the lockdown, we witnessed market recovery in the grooming category through the quarter. Our production and service are now back to pre-Covid levels."

"In the near term, we will continue to prioritise the health and safety of our employees, maximize the availability of our products, which play an essential role in meeting the daily grooming and hygiene needs of consumers across the country, and support our communities."