Colgate’s 4q Net Sales Up 18%, Net Profit Up 15%
Colgate’s Full Year Net Sales Up 18%, Net Profit Up 11%
4Q 2011-12 : Colgate-Palmolive (India) Limited today reported net sales for the quarter ended March 31, 2012 at Rs. 685.9 crore, an increase of 18% over the same quarter of the previous year. Net profit for the quarter is reported at Rs. 130.8 crore, a 15% increase over the net profit of Rs. 114.1 crore for the same quarter of the previous year.
Full Year 2011-12 : For the financial year 2011-12, the Company reported net sales of Rs. 2,623.8 crore, a 18% increase over the previous year. The net profit for the financial year is Rs 446.5 crore with an Earnings per Share of Rs. 32.8 as against Earnings per Share of Rs. 29.6 for the previous year.
During the year, the Company achieved a volume growth of 12%, with the toothpaste category continuing its growth momentum at 14%. The Company enhanced its leadership position in the toothpaste category to 54.0% volume market share (Jan’12-Apr’12) from 52.2% (Jan’11-Apr’11). The flagship brands “Colgate Dental Cream”, “Active Salt”, “MaxFresh”, “Colgate Sensitive” and “Colgate Total” contributed to this consistent growth
The toothbrush category has continued its market leadership position with a strong growth momentum.
The Company continues its focus in the emerging mouthwash category, with a volume market share of 26.2% (Jan ’12-Apr’12) up from 25.7% (Jan’11-Apr’11).
In the toothbrush category, the Company has launched Colgate Super Shine Toothbrush that provides circular power bristles that helps remove stains from teeth.
In the mouthwash category, the Company has launched an additional variant – Colgate Plax Fresh Tea that contains natural tea extracts. It has a refreshing and pleasant tea aroma and has a gentle mouth feel.
The Company launched two new Palmolive body wash variants as a part of the Palmolive Aroma and Palmolive Thermal Spa range. These two variants namely Thermal Spa Skin Renewal and Aroma Sensual – extend a truly indulgent shower experience to users.
In an inflationary environment, the Company’s continuing efforts and focussed programs to enhance efficiencies and reduce costs continue to yield strong, positive results helping to maintain margin and fund investments in building and strengthening brand equity and the business. Prudent price increases and cost management has enabled the Company to maintain its Gross margin at 60% for this quarter despite significant inflationary pressure.
In March 2012, the Company declared a Third Interim Dividend of Rs. 108.8 Crore (Rs. 8 per share) for the financial year 2011-2012.
Including the Third Interim Dividend, the Company has paid a total dividend of Rs. 25 per share for the financial year ended March 31, 2012 as against Rs.22 per share in the previous year.
Colgate-Palmolive (India) Limited is India’s leading provider of scientifically proven oral care products with multiple benefits at various price points. The range includes toothpastes, toothpowder, toothbrushes and mouthwashes under the “Colgate” brand, as well as a specialized range of dental therapies under the banner of Colgate Oral Pharmaceuticals. These have become an essential part of daily oral hygiene and therapeutic oral care in India. The Company also provides a range of personal care products under the ‘Palmolive’ brand name.
Colgate has been ranked as India’s #1 Most Trusted Brand across all categories for four consecutive years from 2003 to 2007 and in 2011 by Brand Equity’s Most Trusted Brand Survey. It is the only brand to be in the top three from 2001-2011. Prior to this, Colgate was also rated as the #1 brand by the A&M – MODE Annual Survey for India’s Top Brands for eight out of nine years during the period 1992 to 2001.
For more information about Colgate’s business and products, visit the Company’s website on the internet at www.colgate.co.in.