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23-Jan-2024

Colgate-Palmolive (India)

PAT up 35.71%

'For the quarter ending Dec 2023, standalone Net sales (including other operating income) of Colgate-Palmolive (India) has increased 8.08% to Rs 1,395.65 crore compared to quarter ended Dec 2022. Operating profit margin has jumped from 27.99% to 33.56%, leading to 29.59% rise in operating profit to Rs 468.39 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 28.51% to 23.79%.   Purchase of finished goods cost fell from 5.85% to 4.52%.   Employee cost increased from 7.63% to 7.82%.   Other expenses rose from 30.11% to 30.54%.   Selling and administration expenses rose from 13.12% to 14.54%.   

Other income up 71.85% to Rs 17.89 crore.  PBIDT rose 30.77% to Rs 486.28 crore.  Provision for interest up 19.84% to Rs 1.51 crore.  

PBDT rose 30.81% to Rs 484.77 crore.  Provision for depreciation down 5.27% to Rs 41.37 crore.&n...



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