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Procter & Gamble Hygiene and Health Care reported a 29.3 per cent drop in consolidated net profit for the July-September quarter due to the impact of inflation and higher commodity costs.
The company reported ₹154 crore net profit during the quarter against ₹218 crore during the same quarter last year.
During the quarter ended June, the company had reported ₹42 crore net profit.
Revenue from operations dipped by 1.3 per cent to ₹1,044 crore against ₹1,058 crore posted in the same quarter last year.
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