During the stint in Walmart as President and Chief Executive Officer (CEO) of Walmart India, he played a pivotal role in growing the brick and mortar and digital footprint of Walmart in India
Gillette India has appointed former Walmart India head Krishnamurthy Iyer as an independent director of the company, effective 1 June 2026. Iyer has been appointed for a period of five years, subject to approval of the board of directors at the ensuing 42nd Annual General Meeting (AGM) of the company.
During the stint in Walmart as President and Chief Executive Officer (CEO) of Walmart India, he played a pivotal role in growing the brick and mortar and digital footprint of Walmart in India. During a career spanning over four decades, he has worked in senior positions and as CEO in various companies such as Walmart, AS Watsons, ANZ Grindlays Bank and Piramyd Retail in multiple geographies in India as well as overseas.
In an exchange filing, the company said that Iyer is a member of Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. Iyer is a long term global professional with wide and varied experience in functional and leadership roles in various industries in different countries. Currently, he is the Managing Partner of an Investment Management company, Rational Equity Partners LLP.
The company has also Ashwath Rao as the Chief Financial Officer of the company, effective 1 July 2026. Rao currently leads corporate finance for P&G India legal entities. Over the last 16 years with P&G, he has had a multidisciplinary experience with diverse roles in finance, along with a varied experience across verticals including fabric care and Grooming and markets spanning India, Dubai and Singapore.
Prior to the current role, Aswath was leading finance for P&G India’s fabric care business. He brings expertise in strategic finance, value creation and stewardship. He is an alumnus of SP Jain School of Global Management and holds a B.Tech degree from Veermata Jijabai Technological Institute.
Marking balanced growth across topline and bottomline, Gillette India delivered sales of Rs 3,100 crore in the financial year 2026, clocking an 8 per cent year-on-year growth. The company reported sales of Rs 792 crore in the fourth quarter of FY26, an increase of 3 per cent YoY.
The financial results of the company revealed that the net profit for the fourth quarter was Rs 193 crore, up 21 per cent on-year. The net profit for the full fiscal was Rs 654 crore, marking a 23 per cent growth on a YoY basis, the company said in an exchange filing.
As the company changed its financial year from 1 July- 30 June to 1 April- 31 March last year, the financial year of the company covered a period of nine months (from July to March). The performance has been indexed versus the comparable 12 months period in the last year (1 April 2024 to 31 March 2025).
