Colgate-Palmolive India disclosed a consolidated net profit of Rs 379.82 crore for the March quarter, marking a growth of 20.11 percent compared to the same period last year.
The company reported total sales of Rs 1,480.66 crore, reflecting a 10.35 percent increase over the year-ago quarter, according to a regulatory filing on May 13.
In recognition of the company’s exceptional performance in the Financial Year 2023-24, the Board has declared a Second Interim Dividend of Rs 26/- per share, along with a special one-time interim dividend of Rs 10/- per share. The total dividend payout to shareholders is set at Rs 979.2 Crore and will be disbursed on or after June 7, 2024, to shareholders listed on the Company’s Register of Members as of May 23, 2024. The total dividend for the fiscal year 2023-24 amounts to Rs 58/- per share.