Colgate net up 18 percent

July 17th, 2008 - 6:17 pm ICT by IANS  


Mumbai, July 17 (IANS) Personal care product manufacturer Colgate Palmolive India has registered a net profit of $17.98 million (Rs.719.20 million) in the first quarter this fiscal, compared to $15.22 million (Rs.608.8 million) netted in the same period last fiscal, the company announced Thursday. The jump reflected a growth of 18 percent.

For the latest quarter ending June 30, total revenues increased to $109.69 million (Rs.4.3 billion), compared to $92.91 million (Rs.3.71 billion) earned in the corresponding quarter last year.

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