The company, had reported a net profit of Rs. 52.09 crore for the corresponding quarter a year ago.
Procter & Gamble's net sales in the quarter under review rose to Rs.500.35 crore from Rs. 416.63 crore in the year-ago period- an increase of 20.09 per cent, the company said in a filing to the BSE.
The company in a statement said it continued to sustain growth momentum "driven by strong consumer centric brand initiatives".
Strong margin growth was the result of focus on productivity across the major cost pools," the statement added.
Overall expenses during the quarter were at Rs. 400.72 crore, up 11.48 per cent compared with Rs. 359.43 crore in the corresponding period last year.