Gilette India rises on higher quarterly profit

Shares of grooming products maker Gilette India GILE.NS rise as much as 6.16% to 9664 rupees

The Procter & Gamble-owned PG.N firm reports an 8% jump in quarterly profit to 1.44 billion rupees ($16.38 million)

Co's quarterly revenue increases 4% to 8.11 billion rupees ($92.27 million)

The grooming segment revenue, which accounts for more than 80% of the company's total revenue, increased nearly 3% to 6.66 billion rupees

YTD, stock down 3.59%

($1 = 87.8950 Indian rupees)