India Colgate-Palmolive 4Q Net Profit Rises 15% To INR1.31 Billion

Date : 05/30/2012 @ 6:50AM
Source : Dow Jones News
Stock : Colgate-Palmolive Company (CL)
Quote : 72.04  -1.26 (-1.72%) @ 4:44PM

India Colgate-Palmolive 4Q Net Profit Rises 15% To INR1.31 Billion

Colgate Palmolive (NYSE:CL)
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Colgate-Palmolive (India) Ltd. (500830.BY) Wednesday said fourth-quarter net profit rose 15%, aided by healthy sales growth.

Net profit for the quarter through March grew to INR1.31 billion from INR1.14 billion a year earlier.

Sales rose 20% to INR6.86 billion from INR5.82 billion, the unit of consumer products maker Colgate-Palmolive Co. (CL) said in a statement.

The company sells toothpastes, including brands such as Colgate Dental Cream, Colgate Active Salt and Colgate Total, and also personal care products under the Palmolive brand.

-By Rumman Ahmed, Dow Jones Newswires; 91-9845104173; rumman.ahmed@dowjones.com

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