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(From India Business Insight)
Colgate-Palmolive (India) Ltd has announced a 32.7 percent rise in net profit at Rs21.1 crore for the third quarter to Dec 2002 (Rs15.9 crore for the third quarter to Dec 2001). This is despite net sales falling by 8.4 percent to Rs270 crore (Rs295 crore). The company spent Rs6 crore on a voluntary retirement scheme (VRS) at ...