Colgate Palmolive announced its financial results for the year ended June 30, 2017.
The company’s Turnover increased 13 percent in the outgoing year, whereas Profit after Taxation for the period increased 16percent in comparison to previous year.
The Company issued a final Cash Dividend of the year ended June 30, 2017 @ Rs. 20/- per share of Rs. 10/- each i.e. 200%.
Comparison of Key Financials
For the Year Ended
Key Financials
June 30, 2017
June 30, 2016
% Change
Turnover
37,498,961
33,135,291
13%
Sales Tax
5,954,616
5,278,903
13%
Trade and Other Discounts
2,207,620
2,038,419
8%
Net Turnover
29,336,725
25,817,969
14%
Cost of Sales
18,344,900
16,502,405
11%
Gross Profit
10,991,825
9,315,564
18%
Selling and Distribution Costs
5,803,719
4,870,647
19%
Administrative Expenses
392,443
325,531
21%
Other Expenses
397,171
336,846
18%
Other Income
459,509
416,927
10%
Profit from Operations
4,858,001
4,199,467
16%
Finance Cost and Bank Charges
24,534
23,476
5%
Profit before Taxation
4,833,467
4,175,991
16%
Taxation
1,577,045
1,357,102
16%
Profit after Taxation
3,256,422
2,818,889
16%
Other Comprehensive Income/(Loss) for the year – Net of Tax
