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Colgate reports 12% increase in 1H net sales

India Blooms News Service | | Nov 06, 2014, at 01:12 am

#Colgate reports 12% increase in 1H net sales

Mumbai, Nov 5 (IBNS): Colgate-Palmolive (India) Limited on Wednesday reported net sales of Rs. 1,944.2 crore for the half year ended September 30, 2014, a 12% increase over the same period of the previous year.

The company registered a Net Profit After Tax of Rs. 264.5 crore with Earnings Per Share of Rs. 19.45, an increase of 11% over the same period of the previous year excluding exceptional item in the previous year relating to the slump sale of Global Shared Services Organisation to Colgate Global Business Services Private Limited, a 100% subsidiary of Colgate-Palmolive Company, USA.

The company reported net sales of Rs. 993.6 crore for the second quarter of the financial year 2014-15, a 11% increase over the same quarter of the previous year.

While, the Net Profit After Tax for the second quarter was Rs. 129.6 crore with Earnings Per Share of Rs. 9.53, an increase of 18% over the same quarter of the previous year.

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