'For
the quarter ending March 2024, standalone Net sales (including other operating income) of Colgate-Palmolive (India) has increased 10.32% to Rs 1,490.01 crore compared to quarter ended March 2023. Operating profit margin has jumped from 33.46% to 35.72%, leading to 17.76% rise in operating profit to Rs 532.17 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 27.05% to 26.33%. Purchase of finished goods cost fell from 5.28% to 3.55%. Employee cost increased from 6.73% to 6.78%. Other expenses rose from 27.08% to 27.20%. Selling and administration expenses rose from 10.71% to 11.47%. Other income up 11.30% to Rs 22.65 crore. PBIDT rose 17.48% to Rs 554.82 crore. Provision for interest up 25.93% to Rs 1.36 crore. Loan funds rose to Rs 71.75 crore as of 31 March 2024 from Rs 68.96 crore as of 31 March 2023. ...
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