Colgate-Palmolive (Pakistan) Ltd said its normalized net income for the fiscal third quarter ended March 31 was 10.99 Pakistani rupees per share, a gain of 33.2% from 8.25 rupees per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 526.8 million rupees, an increase of 33.2% from 395.4 million rupees in the prior-year period.
The normalized profit margin climbed to 8.5% from 6.7% in the year-earlier period.
Total revenue grew year over year to 6.18 billion rupees from 5.92 billion rupees, and total operating expenses came to 5.33 billion rupees, compared with 5.28 billion rupees in the prior-year period.
Reported net income rose 29.0% from the prior-year period to 572.5 million rupees, or 11.94 rupees per share, from 443.9 million rupees, or 9.26 rupees per share.
As of April 28, US$1 was equivalent to 101.76 Pakistani rupees.
