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Updated on: Monday, October 25, 2021, 07:57 PM IST

Colgate-Palmolive India Q2 profit down 2% to Rs 269 cr

Colgate-Palmolive posted a net profit of Rs 274.19 crore in July-September period a year ago,  |

Colgate-Palmolive posted a net profit of Rs 274.19 crore in July-September period a year ago, |

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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.

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.

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Published on: Monday, October 25, 2021, 07:57 PM IST
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