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( As on 26/05/2022 17:50)

Colgate Palm. Q4 net profit up 2.83% at Rs 323.57 cr

The company reported standalone net profit of Rs 323.57 crore for the quarter ended March 31, 2022 as compared to Rs 314.66 crore in the same period last year, registering a year-on-year growth of 2.83 per cent.

Net revenue of the company rose marginally by 1.44 per cent at Rs 1,293.35 crore in January-March quarter of this fiscal as against Rs 1,275.01 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 1.21 per cent to Rs 871.85 crore from Rs 861.44 crore in year ago period.

Other Income grew by 33.84 per cent at Rs 8.86 crore versus (Mar'21 Rs 6.62 crore).

Operating Profit surged by 1.82 per cent to Rs 429.42 crore as against Rs 421.75 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.36 per cent in March quarter.

Interest declined by 13.46 per cent y-o-y to Rs 1.35 crore, while Taxation increased by 4.27 per cent at Rs 69.55 crore (Mar'21 Rs 66.70 crore).