NEW DELHI: Colgate-Palmolive (India) Limited (Colgate), has spent Rs. 15.46 Cr. on various corporate social responsibility (CSR) programmes during the year 2016-17, Annual Report for the FY 2016-17 revealed.
Average net profit for last three years was Rs. 773 Cr. Prescribed CSR Expenditure (two per cent of the net profit was Rs. 15.46 Cr.
“Colgate Polmolive is committed to do business with integrity and respect for the community around it. The Company’s values of Caring, Global Team Work and Continous improvement are reflected not just in the quality products and repurtation, but also in the dedication to serving the communities in which we do business”, its CSR policy document said.
“The Colgate family is committed to working together across the country not only to achieve a sustained profitable growth but also to bring about a positive impact in the lives of the many undeserved communities.”, report said.
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