Comments
Colgate Palmolive India today posted a decline of 15.29 per cent in its standalone net profit at Rs 114.28 crore for the first quarter ended June 30, 2015.
The company had posted a net profit of Rs 134.91 crore in the corresponding period of the previous fiscal, Colgate Palmolive said in a statement.
Net sales of the company on a standalone basis was Rs 1,010.15 crore, up 5.56 per cent, during the quarter against Rs 956.90 crore in the same period last year.
The company said that the board of directors has recommended a bonus issue of one equity share for every equity share held, as on the record date to be determined by the board.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.