Colgate-Palmolive Q4 net profit up 32%
Monday - May 21, 2018 8:04 pm ,
Category : BUSINESS
Mumbai May 21 (IANS) Colgate-Palmolive India (CPIL) on Monday reported rise of 32.4 per cent in its net profit for the quarter ended March on a year-on-year basis.
In a regulatory filing to the BSE the FMCG major said its net profit for the fourth quarter of 2017-18 stood at Rs 188.77 crore against Rs 142.58 crore reported in the corresponding period of the previous year.
However the total income of the company fell by 7.24 per cent during the quarter under review to Rs 1 100.14 crore from Rs 1 186.03 crore earned during the fourth quarter of 2016-17.
For the financial year 2018 the company s net profit was at Rs 673.37 crore 16.62 per cent higher than Rs 577.43 crore reported in the FY17.
The company also said that its board of directors at their meeting declared a special - fourth interim dividend of Rs 11 per equity share of Re 1 (face value) for the financial year 2017-18.
--IANS rrb/vd
In a regulatory filing to the BSE the FMCG major said its net profit for the fourth quarter of 2017-18 stood at Rs 188.77 crore against Rs 142.58 crore reported in the corresponding period of the previous year.
However the total income of the company fell by 7.24 per cent during the quarter under review to Rs 1 100.14 crore from Rs 1 186.03 crore earned during the fourth quarter of 2016-17.
For the financial year 2018 the company s net profit was at Rs 673.37 crore 16.62 per cent higher than Rs 577.43 crore reported in the FY17.
The company also said that its board of directors at their meeting declared a special - fourth interim dividend of Rs 11 per equity share of Re 1 (face value) for the financial year 2017-18.
--IANS rrb/vd
