Colgate India Q2 FY24 Results Today
Colgate India Q2 results show revenue up from 1338.64 crores to 1492.10 crores, an 11.46% increase in growth. EPS rose from ₹10.06 to ₹12.50, up by 24.25%.
Quarter-on-Quarter Basis Results (Q2 FY2024):
Colgate India shared its Q2 results on Thursday. They earned 1492.10 crores in revenue this quarter, but that’s more than the 1338.64 crores they made last quarter. The company’s growth increased by 11.46 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 340.05 crores, up from 273.68 crores in the previous quarter. Their quarter-to-quarter growth increased by 24.25 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹12.50, which is an increase of 24.25% from the ₹10.06 EPS in the previous quarter.
Year-over-Year Basis Results (Q2 FY2024):
The company made a total revenue of 1492.10 crores this year (2023), which is 6.67 percent higher than last year’s total revenue of 1398.76 crores.
This year’s PAT (Profit After Tax) is 340.05 crores, which is also 22.31% higher than last year’s PAT of 278.02 crores.
The EPS (Earnings Per Share) for this year is ₹12.50, which is 22.31% more than the EPS of ₹10.22 earned last year.
Year-over-Year Basis Results (Half Year Ended FY2024):
In the first half of 2023, the company generated a total revenue of 2830.74 crores, marking an 8.58% increase compared to the previous year’s 2607.11 crores.
The PAT (Profit After Tax) for this half-year stands at 613.73 crores, showing a 25.84% growth over the previous year’s 487.69 crores.
The EPS (Earnings Per Share) for this half-year is ₹22.56, representing a 25.82% increase from the previous half-year’s EPS of ₹17.93.
Colgate India Share Dividend Announcement / Record Date:
The Board of Directors has declared an Interim Dividend of ₹22 per Equity Share of Face Value of ₹01.
About Colgate India:
Colgate-Palmolive (India) Limited (CPIL) stands as the largest oral care company in India. Founded in 1937, it commenced its operations in India in 1957. CPIL commands an impressive market share, accounting for over 50% of the toothpaste market. Some of its notable brands encompass Colgate Dental Cream, Colgate Total, and Colgate Max-Fresh.
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