logo
Share SHARE
FONT-SIZE Plus   Neg

Colgate Palmolive Declares 900% Third Interim Dividend For FY13

Colgate Palmolive (India) Ltd. said its board had declared an interim dividend of 900 percent or Re.9.00 per equity share of Rs.1 each for the fiscal year 2013.

The company fixed April 5 as the Record Date for the purpose of payment of interim dividend and it will be paid on April 19, 2013.

The company reported third-quarter net profit of Rs.111 crore, compared with Rs.116 crore in the third-quarter of last year, reflecting a four percent decline. Total income increased by 14 percent to Rs.796 crore from the Rs.701 crore in the year-ago quarter.

At the BSE, Colgate Palmolive (India) shares are currently trading at Rs.1,291, down 1.40 percent from the previous close.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

More Breaking News

0 Articles
Editors Pick
Ciena Corp., a provider of communications networking solutions, on Thursday reported a turnaround to profit in the fourth quarter on higher revenues and lower expenses. However results for the quarter missed analysts' estimates. Looking ahead, the company forecast revenue for the first quarter of fiscal 2017 in line with analysts' expectations. Wearable fitness device maker Fitbit Inc. said it has acquired the assets of struggling smartwatch startup Pebble, including key personnel and intellectual property related to software and firmware development. The acquisition excludes Pebble's hardware products. Financial terms of the deal were not disclosed. Starbucks is teaming up with Pokémon Go, a location based augmented reality game, to turn its stores into PokéStops and Gyms, reports said. Further, the coffee giant reportedly would open Italian bakeries that serve pizza, with the first store expected to open in late 2017.
comments powered by Disqus
Follow RTT