Colgate-Palmolive India Q2 Profit Rises 4.3%, Sales Climb 12.2%
The company reported a second consecutive quarter of double-digit sales growth, with gross margin up 40 basis points. Its board declared an interim dividend of Rs 24 per share.
Colgate-Palmolive India recorded double-digit sales growth for a second straight quarter. Gross margin increased 40 basis points to 69.6 per cent, and the board declared an interim dividend of Rs 24 per share. Colgate-Palmolive (India) reported net profit of Rs 341, up 4.3 per cent year on year.