May 27 (Reuters) - Gillette India GILE.NS reported a 21.3% rise in fourth-quarter profit on Wednesday, helped by demand for grooming products and lower costs, sending shares to a three-month high.

The company, a unit of U.S. consumer goods major Procter & Gamble PG.N, posted a profit of 1.93 billion rupees ($20.16 million), up from 1.59 billion rupees a year ago.

Here are some details:

• Shares rose 4.2% to 8220.5 rupees after results, hitting a 3-month high and extending gains for a fourth straight session.

• Revenue rose 3.2% to 7.92 billion rupees, while expenses fell 5.7% on account of inventory-led gains.

• Revenue from the firm's primary grooming segment, which accounts for more than 80% of the total revenue, rose 1.4%. Its smaller oral care segment reported a nearly 13% increase.

• Gillette India, which faces competition from Bombay Shaving Company in razors and Philips in trimmers, expanded its portfolio across facial-hair styles and women's grooming.

• The company also appointed Ashwath Rao as CFO, effective July 1, 2026.

($1 = 95.7275 Indian rupees)