Friday, 22 July 2011

Colgate Palmolive India Results

Oral and dental hygiene products maker Colgate Palmolive (India) reported a net profit of 1 billion rupees on net sales of 6.11 billion rupees for April-June quarter.Oral and personal care product maker Colgate Palmolive India missed street expectations as first quarter net profit fell 17.7% year-on-year to Rs 100.44 crore due to higher advertising and sales expenses and a rise in raw material costs.The company’s net sales for the April-June quarter were up 15.6% from a year ago to Rs 611.1 crore.


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