Colgate Palmolive Q4 net up 10% at Rs 55.62 cr

Written by Agencies | Mumbai, May 30: | Updated: May 30 2008, 19:21pm hrs
FMCG major Colgate-Palmolive India on Friday announced a net profit of Rs 55.62 crore for the quarter ended March 31, a 10 per cent growth over the corresponding period a year-ago.

The company had a net profit of Rs 50.59 crore in the fourth quarter of FY'07, Colgate-Palmolive said in a filing to the Bombay Stock Exchange.

The total revenue rose to Rs 412.73 crore for the latest quarter from Rs 360.6 crore in the same period a year-ago.

The board has declared a dividend of Rs 7 on shares of face value Rs one for the financial year 2007-08.

For the year ended March 31, the company announced a consolidated net profit of Rs 235.76 crore, a 59 per cent growth over the year-ago period. The company had a net profit of Rs 148.39 crore in FY'07.

The total income rose to Rs 1,551.03 crore in FY'08, from Rs 1,362.14 crore in the year-ago period.

Colgate-Palmolive reported a standalone net profit of Rs 231.71 crore for the year ended March 31, a 44.71 per cent growth over the year-ago period, while the total revenue rose to Rs 1,558.16 crore.

Shares of the company were trading at Rs 423, down 1.42 per cent in the late afternoon trade on the BSE.