During the quarter, PGHH’s operating revenue grew by 13.4% year-on-year to Rs 1002.2 crore - up from Rs 889.1 crore. The company follows a July to June financial year.
Procter & Gamble Hygiene and Health Care Ltd (PGHH) revenue from operations was marginally down to Rs 1,133.43 crore during the quarter under review. It was at Rs 1,137.39 crore a year ago.
IDFC First Bank plans to double its branch network in five years, while reducing bad loans. The bank aims to expand assets by 20% annually and deposits by 25%. With a stable operating business and improved visibility, the bank is confident in achieving its targets. It has successfully improved CASA and increased its loan book. The bank plans to open branches based on deposit goals and grow deposits at a CAGR of 25%. Loans and advances will see a CAGR of 20.3% while keeping asset quality under control.