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Moneycontrol » News Center » Business » Earnings
Colgate Q1 PAT up 42.9% at Rs 103 cr
Published on Fri, Jul 17, 2009 at 14:33   |  Updated at Mon, Jul 20, 2009 at 08:45  |  Source : CNBC-TV18
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Colgate Palmolive has announced its first quarter results. The company's Q1 net profit was up 42.9% at Rs 102.78 crore versus Rs 71.92 crore, YoY.

Its net sales were up 14.82% at Rs 467.99 crore versus Rs 407.6 crore, YoY.


Operating profit margin (OPM) was up 557 bps at 22.47% versus 16.90%.

Highlights  

- Ad spends down 16% at Rs 58.28 crore versus Rs 69.31 crore
- Other income at Rs 8.58 crore versus Rs 3.11 crore
- Raw material costs up 12.7% versus sales growth of 14.82% (at Rs 98.91 crore versus Rs 87.67 crore)

Strong Performance 

- Colgate’s market share now close to 50%; after a near 2% increase in the last few months
- Volume growth reasonably high, likely at about 10% in Q1
- Lower ad spends and input costs help improve margins 
- Fall in other expenses, rise in margins and other income boost bottomline

Particulars Jun-09 Mar-09 Dec-08 Sep-08
Net Sales / Interest Earned / Operating Income 485.4 472.2 435.56 430.17
Other Income 8.58 3.8 6.5 9.31
Total Income 493.98 476 442.06 439.48
Expenditure -362.83 -379.41 -344.65 -361.38
Interest -0.45 -0.11 -0.11 -0.46
Profit Before Depreciation and Tax 130.7 96.48 97.3 77.64
Depreciation -5.63 -6.35 -5.53 -5.56
Profit before Tax 125.07 90.13 91.77 72.08
Tax -22.29 -13.06 -14.03 -8.58
Net Profit 102.78 77.07 77.74 63.5
Equity Capital 13.6 13.6 13.6 13.6

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