Colgate Palmolive Q4 profit up 15% at Rs 130.8 cr

Scrip down 2.7% on BSE

Colgate Palmolive India today reported 15% increase in net profit at Rs 130.8 crore for the fourth quarter ended March 31, 2012.

It had registered net profit of Rs 114.1 crore in the same quarter in 2010-11, Colgate Palmolive India said in a filing to the BSE.

For the quarter under review, the company's net sales stood at Rs 685.9 crore, as against Rs 581.77 crore in the year-ago period, up 18%.

In March, the company said, it announced a third interim dividend of Rs 108.8 crore at Rs 8 per share for the financial year 2011-12.

"Including the third interim dividend, the company has paid a total dividend of Rs 25 per share for the financial year 2011-12 as against Rs 22 in the previous year," it said.

For the fiscal year 2011-12, net profit stood at Rs 446.5 crore as against Rs 402.58 crore in the previous fiscal.

Net sales for the full year was at Rs 2,623.8 crore as against Rs 2,220.56 crore, the company said.

In terms of volume, the company said it witnessed 12% growth with the toothpaste category registering 14% growth.

Scrips of Colgate Palmolive India were trading at Rs 1,183.95 per share, down 2.65% from the previous close on BSE.