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Mumbai, Jan. 31 Gillette India Ltd posted a 12.6 per cent increase in its third quarter net profit at Rs 31.2 crore. The company had reported a net profit of Rs 27.71 crore in the corresponding quarter last year. “We continued to consolidate our premium systems business with Mach 3,” said Mr Saroj Poddar, Chairman. The revenue of the grooming segment increased by around 6 per cent, while portable power grew 17.7 per cent and oral care grew 30 per cent. The total income of the company increased by 10 per cent to Rs 149.5 crore, from Rs 135.9 crore. Net sales for the December quarter amounted to Rs 145.18 crore (Rs 131.22 crore), up 10 per cent.

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