Colgate Palmolive Q2 net down 25 per cent

Mumbai, Oct 31: Colgate Palmolive India Ltd has posted a net profit of Rs 23.18 crore for the quarter ended September 30, 2006, as compared to Rs 30.88 crore for the quarter ended September 30, 2005, a fall of 24.93 per cent.

Announcing the results, the company said its total income has increased from Rs 287.87 crore for the quarter ended September 30, 2005, to Rs 338.25 crore for the quarter ended September 30, 2006.

The Board of Directors of the company at its meeting held on October 31, 2006, has declared a first interim dividend of 42.5 per cent of Rs 4.25 per equity share for Rs 10 each for the Financial Year 2006-07.

UNI