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P&G's quarterly profit falls 31 percent


    (Reuters) - Procter & Gamble Co , the world's largest household products maker, reported an about 31 percent fall in quarterly profit, hurt by a stronger dollar.

    Net profit attributable to the company fell to $2.37 billion, or 82 cents per share, in the second quarter ended Dec. 31, from $3.43 billion, or $1.18 per share, a year earlier.

    The maker of Pampers diapers and Tide detergent said net sales fell 4.4 percent to $20.2 billion, but sales rose 2 percent on an organic basis.

    P&G derives roughly two-thirds of its revenue outside the United States.

    (Reporting by Shailaja Sharma in Bengaluru and Nandita Bose in Chicago; Editing by Don Sebastian)