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 |
21,892 |
3,735 |
486% |
Total Comprehensive income for the year |
3,234,530 |
2,822,624 |
15% |
Earnings per share – basic and dilutive |
67.91 |
58.78 |
16% |
Rupees in ‘000
The complete statements can be accessed here.