Colgate-Palmolive (Pakistan) Ltd said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, came to 8.76 Pakistani rupees per share, a gain of 15.3% from 7.59 rupees per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 419.9 million rupees, a gain of 15.3% from 364.0 million rupees in the prior-year period.
The normalized profit margin increased to 7.0% from 6.4% in the year-earlier period.
Total revenue grew 5.8% year over year to 6.01 billion rupees from 5.68 billion rupees, and total operating expenses grew from the prior-year period to 5.33 billion rupees from 5.09 billion rupees.
Reported net income increased 8.7% from the prior-year period to 478.3 million rupees, or 9.97 rupees per share, from 440.1 million rupees, or 9.18 rupees per share.
As of Jan. 27, US$1 was equivalent to 100.92 Pakistani rupees.
