Colgate-Palmolive (Pakistan) Ltd said its normalized net income for the fiscal first quarter ended Sept. 30 was 11.04 Pakistani rupees per share, a gain of 46.5% from 7.54 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 529.6 million rupees, an increase of 46.5% from 361.4 million rupees in the prior-year period.
The normalized profit margin increased to 9.1% from 6.6% in the year-earlier period.
Total revenue climbed 12.4% year over year to 6.15 billion rupees from 5.47 billion rupees, and total operating expenses rose 8.4% on an annual basis to 5.30 billion rupees from 4.89 billion rupees.
Reported net income increased 64.7% from the prior-year period to 612.6 million rupees, or 12.78 rupees per share, from 371.9 million rupees, or 7.75 rupees per share.
As of Oct. 27, US$1 was equivalent to 102.90 Pakistani rupees.
