Q4 bottomline at Rs 29.8 crore
Colgate-Palmolive India has posted a 27 per cent rise in net profit at Rs 88.7 crore for the financial year ended March 31, 2003 compared to Rs 69.8 crore in 2001-02.
The company has already declared two interim dividends totalling Rs 4.25 per share with an aggregate pay-out of Rs 61.3 crore for 2002-03, the company said in a release in Mumbai on Tuesday.
Net sales were down by nine per cent at Rs 1,056.9 crore (Rs 1,160.9 crore). Net profit and sales for the fourth quarter ended March 31, 2003 stood at Rs 29.8 crore (Rs 21.6 crore in Q4 of 2001-02), and Rs 279.8 crore (Rs 277.2 crore), respectively.