Colgate Palmolive India Ltd, on 26 October, announced its quarterly earnings for the July-September quarter.

The company reported a 22.31% year-on-year (YoY) increase in its consolidated net profit at Rs 340.05 crore for the quarter under review against Rs 278.02 crore reported in the year-ago quarter.

The consolidated revenue from operations was at Rs 1,462.38 crore for Q2FY24, which is a 6.09% YoY increase against Rs 1,378.37 crore reported in the same quarter of the previous fiscal year.

The EBITDA (earnings before interest, tax, depreciation and amortisation) for the July-September quarter was at Rs 482.2 crore, and the EBITDA margin stood at 32.8% against 29.4% recorded in Q2FY23.

The company has also announced its first interim dividend for the current fiscal year at Rs 22 per share with a face value of Rs 1. The dividend will be paid on 21 November 2023 to the company shareholders listed in the Company’s Register of Members as of the record date that has been set to 6 November 2023.