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Colgate rises after Q4 PAT jumps 54% YoY to Rs 314 cr


Colgate-Palmolive (India) rose 2.76% to Rs 1610.40 after the FMCG company s net profit jumped by 54.1% to Rs 314.66 crore in Q4 FY21 as against Rs 204.15 crore in Q4 FY20.The company s revenue from operations increased 20% year on year to Rs 1275.01 crore in Q4 FY21 compared with Rs 1062.35 crore in Q4 FY20.
The company s domestic net sales for the quarter reported a strong momentum of 20.2% growth. Profit before tax grew by 62.7% to Rs 381.36 in Q4 FY21 as against Rs 234.36 crore in Q4 FY20.
The oral hygiene product maker s net profit surged by 26.8% to Rs 1035.39 crore for the year ended March 2021 (FY21) from Rs 816.47 crore posted in the year ended March 2020 (FY20). Revenue from operations rose 7.2% to Rs 4,810.48 crore in FY21 over FY20. ....

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