Colgate Palmolive announces Q2 net profit of Rs.23.18 Crores, down 25%

Colgate Palmolive India Ltd has announced the following Unaudited results for the quarter ended September 30, 2006:

The Company has posted a net profit of Rs 231.80 million for the quarter ended September 30, 2006 as compared to Rs 308.80 million for the quarter ended September 30, 2005. Total Income has increased from Rs 2878.70 million for the quarter ended September 30, 2005 to Rs 3382.50 million for the quarter ended September 30, 2006.

The Board of Directors of the Company at its meeting held on October 31, 2006, has declared a first interim dividend of 42.5% i.e. Rs 4.25 per equity share of Rs 10 each for the Financial Year 2006-07.

Source : Equity Bulls

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