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Mumbai, Feb. 1

Colgate Palmolive has posted an increase of 20 per cent in profit at Rs 60.4 crore for the quarter ended December 31, 2007, compared to Rs 50.3 crore, in the corresponding quarter last year. Total revenue increased to Rs 390.3 crore (Rs 338.9 crore). During the quarter, the company declared and paid a first interim dividend for the financial year 2007-08 at Rs 6 per share on the reduced face value of the equity share of Rs 1 per share. The total dividend of Rs 95.5 cro re (including dividend distribution tax) was paid on December 14, 2007.

— Our Bureau

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