FMCG major Colgate-Palmolive India Ltd (CPIL) today reported net profit of Rs 189.51 crore for the first quarter of 2018-19, led by strong volume growth.
The company had posted net profit of Rs 136.38 crore in the April-June quarter last fiscal, 2017-18, CPIL said in a BSE filing.
Its net sales during the quarter under review were at Rs 1,033.55 crore. They were at Rs 1,109.88 crore in the year-ago period.
CPIL MD Issam Bachaalani said: "The company registered volume growth of 4 per cent in the first quarter with strong performance in naturals portfolio."
On the outlook, Bachaalani said: "We will continue to deliver innovation and invest in advertising to build our brands in order to drive the growth."
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