Procter & Gamble Posts 19% Rise in Q4 Profit

New Delhi: FMCG major Procter & Gamble (P&G) on Friday reported a 19.09 per cent increase in net profit at Rs 107.09 crore for the quarter ended June 2015.

The net profit in the corresponding three-month period (April-June) of the previous fiscal year 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 it has appointed A I 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 15.21 per cent to Rs 557.09 crore, from Rs 483.51 crore in the year-ago period.

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

Net sales during the fiscal year 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 in Procter & Gamble, on Friday, ended 0.68 per cent higher at Rs 6,060 apiece on the BSE.