P&G India flags urban demand softness, crude cost squeeze even as Gillette FY26 profit jumps 23%

P&G India warns of weakening urban consumption and 30-50% crude-linked input cost inflation since March, while doubling down on India via Rs 2,000 crore Gujarat export hub, premiumisation and quick commerce. Gillette India posts FY26 revenue of Rs 3,100 crore (+8%) and profit of Rs 654 crore (+23%); PGHHCL Q4 revenue slips 5%.

— Filed Tue, 16 Jun, 2026, 20:23 IST · Source ET Small Business · Updated

P&G India warns of softening urban demand and rising crude-linked input costs, while reaffirming long-term India bets via innovation, quick commerce adaptation, premiumisation and exports. Gillette India posts 8% revenue and 23% profit growth in FY26.