Colgate-Palmolive India Q2FY22 Results: Profit down 2% to Rs 269 crore
FMCG major Colgate-Palmolive India Ltd on Monday reported 1.83 per cent decline in net profit at Rs 269.17 crore for the second quarter ended September 2021.
FMCG major Colgate-Palmolive India Ltd on Monday reported 1.83 per cent decline in net profit at Rs 269.17 crore for the second quarter ended September 2021.
The company posted a net profit of Rs 274.19 crore in July-September period a year ago, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing.
See Zee Business Live TV Streaming Below:
Revenue from operations was up 5.19 per cent to Rs 1,343.96 crore during the quarter under review as against Rs 1,277.66 crore in the year-ago period.
Our overall growth momentum across our brands / categories has shown a consistent trajectory with good recovery on volume growth trends quarter-on-quarter. Overall penetration trends remain strong and are seeing favourable trends quarter-on-quarter,? CPIL Managing Director Ram Raghavan said.
Total expenses were higher at Rs 998.05 crore in the quarter as against Rs 924.12 crore a year ago.
Meanwhile, in a separate filing CPIL said the company's board at its meeting held on Monday declared the first interim dividend of Rs 19 per equity share of Re 1 (face value) for 2021-22.
Shares of CPIL were trading at Rs 1,534 apiece on BSE, down 1.95 per cent from the previous close.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SIP Investment: Can Rs 70/day savings help you build Rs 6 crore corpus? Understand calculations for 10, 20, 30, and 40 years at 13%, 14%, and 15% return
EPF vs SIP vs PPF: Which can help generate highest retirement corpus on Rs 11,000 monthly investment in 30 years?
Stocks To Buy For 2 Weeks: Axis Direct recommends buying these stocks for 5-15 day; check targets, stop losses
Gold now down nearly Rs 6200/10 gm from all-time highs hit in October end: Should you wait or bet on opportunity?
Exclusive: Sebi reviews authorised person regulations; discusses minimum qualification, NISM certification and deposit amount criteria
Top 5 mid cap mutual funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
03:39 PM IST