INSUBCONTINENT EXCLUSIVE:
Colgate Palmolive on Monday posted 32.36 per cent year-on-year rise in profit at Rs 188.77 crore for the quarter ended March 31
It had reported a profit of Rs 142.58 crore in the corresponding quarter last year.
Total income of the company declined 7.24 per cent
year-on-year to Rs 1,100.14 crore during the quarter under review against Rs 1,186.03 crore in the same quarter last year.
The company also
witnessed an exceptional loss of Rs 11.65 crore in Q4FY18 with respect to certain organisation structural changes.
Colgate also declared a
special interim dividend of Rs 11 per share, which will be paid on or from June 15, 2018.
Shares of the company were trading 3.33 per cent
down at Rs 1181.55 post quarterly results.
