Colgate Palmolive Q4 profits up 15%

Colgate-Palmolive (India) has reported a 15 per cent increase in net profit at Rs 130.8 crore (Rs 114.1 crore) for the quarter ended March 31, 2012. Net sales rose by 18 per cent at Rs 685.9 crore. For the financial year 2011-12, the company reported net sales of Rs 2,623.8 crore, an 18 per cent increase over the previous year. The net profit was up by 11 per cent at Rs 446.5 crore with earnings per share of Rs 32.8 against Rs 29.6 for the previous year. In March 2012, the company declared a third interim dividend of Rs 108.8 crore (Rs. 8 per share) for the financial year 2011-2012. Including the third interim dividend, the company has paid a total dividend of Rs 25 a share for the financial year ended March 31, 2012, against Rs 22 a share in the previous year.