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Business Economy


Procter & Gamble Health Limited announces results for Eighteen Months

Mumbai, Sep 16 (UNI) Procter & Gamble Health Limited (formerly Merck Limited) announced today its results for eighteen months and quarter ended June 30, 2020. The company delivered a strong performance with sales of ₹ 1,329.2 Crores in the eighteen-month period ending 30th June, against ₹ 818.2 Crore during last 12 months fiscal period ended 31st Dec’18. Profit After tax (PAT) for the 18 months period ended 30th June 2020 is ₹ 254.1 Crore against ₹ 101.7 Crore (for continuing operations) in the previous 12 months fiscal year ending Dec’18. Performance driven by sales growth coupled with strategic choices in managing opex during the last two quarters impacted by COVID.
While the quarter ended June 30, 2020 saw business operations being impacted across the country following the nation-wide lockdown imposed to contain the spread of COVID-19; the company delivered sales of ₹200.3 crores, decline vs ₹ 224.9 crores year ago and Profit After Tax (PAT) of ₹ 48.9 crores, up by 10.8% vs year ago.
UNI JM PS 1512
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