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Hot Pursuit News

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(15 May 2024, 09:56)

Colgate Q4 PAT rises 20% YoY to Rs 380 cr; declares dividend of Rs 36/ share

The FMCG major's net profit jumped 20.11% to Rs 379.82 crore in Q4 FY24 as against Rs 316.22 crore posted in Q4 FY23.


Revenue from operations increased 10.35% year on year (YoY) to Rs 1,480.66 crore in the quarter ended 31 March 2024.

The company's domestic sales grew 10.7% year on year during the quarter. Rural markets continued to exhibit positive signs of demand recovery, growing ahead of urban.

Profit before tax (PBT) stood at Rs 511.36 crore in Q4 FY24, up 19.98% from Rs 426.19 crore posted in the same period a year ago.

Total expenses rose 6.19% YoY to Rs 1,001.30 in Q4 FY24. During the quarter, cost of materials consumed was at Rs 387.72 crore (up 7.39% YoY) and employee benefit expenses stood at Rs 99.92 crore (up 11.24% YoY), Advertising was at Rs 168.87 crore (up 18.17%).

On full year basis, the company’s consolidated net profit surged 26.40% to Rs 1,323.66 crore on 8.79% increa...

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