Colgate-Palmolive (India) Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, was 4.23 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 4.92 rupees per share.
EPS increased 18.8% year over year from 3.56 rupees.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.15 billion rupees, a gain of 18.9% from 967.0 million rupees in the prior-year period.
The normalized profit margin rose to 11.6% from 10.9% in the year-earlier period.
Total revenue climbed 11.8% on an annual basis to 9.89 billion rupees from 8.84 billion rupees, and total operating expenses rose 9.2% on an annual basis to 8.14 billion rupees from 7.46 billion rupees.
Reported net income grew 16.0% on an annual basis to 1.31 billion rupees, or 4.81 rupees per share, from 1.13 billion rupees, or 4.15 rupees per share.
As of Jan. 23, US$1 was equivalent to 61.41 Indian rupees.
