October 29, 2025 (MLN): Colgate-Palmolive (Pakistan) Limited (PSX: COLG) reported a profit after taxation of Rs4.56bn for the quarter ended September 30, 2025, down 11% from Rs5.10bn in the corresponding quarter last year.
Earnings per share declined 11% to Rs18.8 compared to Rs21.02 in 1QFY25.
Turnover rose 5% year-on-year to Rs41.98bn from Rs40.15bn, demonstrating steady demand during the quarter. Sales tax increased 5% to Rs6.99bn from Rs6.67bn. Trade and other discounts rose 19% to Rs4.13bn from Rs3.47bn.
Net turnover grew 3% to Rs30.86bn from Rs30bn in 1QFY25. Cost of sales increased 5% to Rs20.11bn from Rs19.2bn.
Gross profit declined 1% to Rs10.75bn against Rs10.8bn in 1QFY25, with the gross margin contracting marginally to 34.8% from 36.0% in the prior year quarter.
Selling and distribution cost increased 1% to Rs3.19bn, while administrative expenses declined marginally by 1% to Rs341.7m. Other expenses decreased 17% to Rs521.3m from Rs628.8m last year. Other income declined 58% to Rs653.8m from Rs1.55bn in 1QFY25.
The company recorded a profit from operations of Rs7.35bn, down 11% from Rs8.22bn in 1QFY25.
Finance cost and bank charges remained relatively flat, declining marginally by 0.2% to Rs41.6m from Rs41.6m in the previous year.
Profit before levy and taxation stood at Rs7.3bn, down 11% from Rs8.18bn in 1QFY25. The company reported no levy in either period.
Profit before taxation decreased 11% to Rs7.3bn from Rs8.18bn in 1QFY25.
Taxation declined 11% to Rs2.74bn from Rs3.07bn in the prior period.
The company concluded 1QFY26 with a net profit of Rs4.56bn, delivering a net profit margin of 14.8% compared to 17.0% in 1QFY25. The profit decline was primarily driven by a significant 58% drop in other income, which offset the modest top-line growth and stable operational performance.
|
STATEMENT OF PROFIT OR LOSS FOR THE QUARTER ENDED SEPTEMBER 30, 2025 (Rs.000) |
|||
|
Description |
2025 |
2024 |
change% |
|
Turnover |
41,983,220 |
40,148,383 |
5% |
|
Sales tax |
(6,992,841) |
(6,672,954) |
5% |
|
Trade and other discounts |
(4,128,291) |
(3,472,005) |
19% |
|
Net turnover |
30,862,088 |
30,003,424 |
3% |
|
Cost of sales |
(20,114,287) |
(19,201,219) |
5% |
|
Gross profit |
10,747,801 |
10,802,205 |
-1% |
|
Selling and distribution cost |
(3,194,950) |
(3,156,923) |
1% |
|
Administrative expenses |
(341,713) |
(346,243) |
-1% |
|
Other expenses |
(521,329) |
(628,795) |
-17% |
|
Other income |
653,826 |
1,548,171 |
-58% |
|
Profit from operations |
7,343,635 |
8,218,415 |
-11% |
|
Finance cost and bank charges |
(41,564) |
(41,647) |
-0.2% |
|
Profit before levy and taxation |
7,302,071 |
8,176,768 |
-11% |
|
Levy |
- |
- |
|
|
Profit before taxation |
7,302,071 |
8,176,768 |
-11% |
|
Taxation |
(2,738,042) |
(3,072,615) |
-11% |
|
Profit after taxation |
4,564,029 |
5,104,153 |
-11% |
|
Earnings per share - basic and diluted (Rupees) |
18.8 |
21.02 |
-11% |