Colgate Palmolive Q2 net slips 25 pc

New Delhi, Oct 31: Colgate Palmolive India Ltd today posted a 24.93 per cent decrease in net profit for the second quarter ended September 30, 2006, at Rs 23.18 crore, as compared to Rs 30.88 crore for the corresponding period last year.

The company's total income, was up by 34.86 per cent to Rs 338.25 crore for the quart er from Rs 287.87 crore in Q2 FY 06.

The Board of Directors of the company recommended a first interim dividend of 42.5 per cent at Rs 4.25 per equity share of Rs 10 each for the Financial Year 2006-07.

UNI