Colgate-Palmolive (India) Limited

Registered Office : Colgate Research Centre, Main Street, Hiranandani Gardens, Powai, Mumbai 400 076

AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED MARCH 31, 2008

Consolidated
Quarter Quarter Year Year Year Year
(Rs Crores) Ended Ended Ended Ended Ended Ended
31-Mar-08 31-Mar-07 31-Mar-08 31-Mar-07 31-Mar-08 31-Mar-07
(Audited) (Audited) (Audited) (Audited)

- Net Sales (Excl. Excise Duty) 391.33 343.25 1,473.38 1,295.14 1,473.85 1,295.62
- Other Income 21.40 17.35 84.78 67.00 77.18 65.93

Total Revenue 412.73 360.60 1,558.16 1,362.14 1,551.03 1,361.55

- (Increase) / Decrease in Stock in Trade 3.68 0.13 (2.17) (5.56) (0.82) (5.32)
- Raw and Packing Material Cost 75.47 59.14 280.03 239.27 361.67 264.96
- Purchase of Goods 97.65 94.61 354.92 342.65 237.37 313.02
- Employee Cost 30.74 25.09 117.28 111.91 123.82 113.42
- Voluntary Retirement Scheme - (0.78) 1.00 58.02 1.00 58.02
- Depreciation , Amortisation and Impairment 5.45 3.65 19.84 15.26 20.93 19.57
- Advertising & Sales Promotion 73.45 63.93 256.51 207.50 256.51 207.54
- Other Expenditure 59.78 46.81 237.26 190.50 243.38 193.91

Total Expenditure 346.22 292.58 1,264.67 1,159.55 1,243.86 1,165.12

Interest Expense 0.36 0.25 1.44 0.98 1.23 0.98

Profit from Ordinary Activities Before Tax 66.15 67.77 292.05 201.61 305.94 195.45

Provision for Taxation

-Current Tax 12.87 13.94 58.25 53.98 67.42 59.61
-Deferred Tax (2.64) 2.19 (2.16) (16.74) (2.43) (16.75)
-Fringe Benefit Tax 0.30 1.05 4.25 4.20 4.27 4.20

Net Profit after Tax and before minority interest 55.62 50.59 231.71 160.17 236.68 148.39

Minority Interest - - - - 0.92 -

Net Profit after Tax 55.62 50.59 231.71 160.17 235.76 148.39

Paid-up Equity Share Capital @ 13.60 #136.00 @ 13.60 #136.00 @ 13.60 #136.00
(@ - Face value: Rupee 1 per share)
(# - Face value: Rupees 10 per share)
Reserves excluding Revaluation Reserve 148.61 144.53 153.69 142.40

Basic and Diluted EPS (Rs.) 4.09 3.72 17.04 11.78 17.34 10.91

Dividend (Rs.Per share)

First Interim Dividend - - 6.00 4.25
Second Interim Dividend - 3.25 - 3.25
Final Dividend (Proposed) 7.00 - 7.00 -
Special Dividend (Proposed) - 2.00 - 2.00
Total 7.00 5.25 13.00 9.50

Aggregate of Public shareholding

- Number of Shares 66,636,481 66,636,481 66,636,481 66,636,481 66,636,481 66,636,481
- Percentage of holding 49% 49% 49% 49% 49% 49%
1. Net Sales for the year and for the quarter ended March 31, 2008 increased by 14% over the same periods of the previous year.
2. Net Profit after tax for the year and for the quarter increased by 45% and 10% respectively over the same periods of the previous year. The Net Profit after Tax for the
year ended March 31, 2007 has borne a charge of Rs. 58.02 Crores Pre-tax or Rs. 38.49 Crores net after tax (as disclosed separately above) on account of the Voluntary
Retirement Scheme implemented at the Company's manufacturing facility at Sewree, Mumbai.
3. Pursuant to the scheme of reduction of share capital u/s 100 of the Companies Act, 1956 of India as approved by the Shareholders and Bombay High Court, the
Company reduced the face value of it's shares from Rs 10 per share to Re 1 per share effective November 1, 2007. Consequently, the Company has paid Rs 122.4 Crores
(Rs 9 per share) to Shareholders on December 14, 2007.
4. The Company has proposed the Final Dividend of Rs. 95.2 Crores (Rs. 7/ share) subject to shareholders' approval.
5. In accordance with the requirements of Accounting Standard -17, Segment Reporting, the Company's business segment is 'Personal Care' (including Oral Care) and
hence it has no other primary reportable segments.
6. Effective November 1, 2007, the company has acquired 75% of the shareholding of three companies namely Advanced Oral Care Products Pvt. Ltd., Professional Oral
Care Products Pvt. Ltd. and SS Oral Hygiene Products Pvt. Ltd. Accordingly, in respect of consolidated results, previous year figures are not comparable.
7. Previous period/year figures have been reclassified to conform with current period/year presentation, where applicable.
8. Information on investor complaints pursuant to Clause 41 of the Listing Agreement for the quarter ended March 31, 2008:

Received during Resolved during

Nature of complaints * Opening Balance the quarter the quarter Closing Balance

Non receipt of dividend warrants - 1 1 -

Non receipt of share certificates lodged for transfer

or capital reduction - 1 1 -

Others - - - -

* Excludes disputed cases and sub-judice matters.

The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their Meeting held today.
The full text of Colgate releases is available: www.colgate.co.in.

COLGATE-PALMOLIVE (INDIA) LIMITED

Mumbai ROGER CALMEYER

May 30, 2008 MANAGING DIRECTOR