P&G India flags urban demand softness as crude-linked input costs surge 30-50%
P&G India warns of pressure on consumer demand and margins as crude-linked commodity costs spike. PGHHCL Q4 revenue fell 5% to Rs 941 cr, profit dipped 2% to Rs 153 cr. Gillette India FY26 held up with 8% revenue and 23% profit growth. Company cites quick and social commerce reshaping the consumer journey.
What happened
P&G India warns of softening urban demand and rising input costs as crude-linked commodities surge 30-50%. PGHHCL Q4 revenue fell 5%; Gillette India FY26 grew
Key facts
- $2 billion India sales FY24
- crude up 30-40-50% since March
- 85% domestic manufacturing
- exports to 10 countries
- Rs 20,000 crore invested in two decades
- Rs 2,000 crore Gujarat investment
- PGHHCL Q4 net profit Rs 153 cr (-2%)
- PGHHCL Q4 revenue Rs 941 cr (-5%)
- PGHHCL FY profit Rs 857 cr (+19%)
- Gillette India FY26 revenue Rs 3,100 cr (+8%)
- Gillette India FY26 profit Rs 654 cr (+23%)
Why this matters
Quick and social commerce disruption plus input-cost stress is creating openings to acquire stressed mid-tier personal care brands or bolt-on D2C assets with built-in quick-commerce velocity.