Colgate-Palmolive India

A lot hinges on its ability to boost volumes amid stiff competition

The toothpaste major's revenue from operations stood at Rs 1,281.2 crore

Colgate-Palmolive (India) on Tuesday said its net profit declined by 4 per cent to Rs 243 crore in the third quarter ended December 31, 2022. The company had reported a net profit of Rs 252 crore in the October-December period of the previous fiscal. Total income, however, increased to Rs 1,302 crore in the period under review as compared with Rs 1,286 crore in the year-ago period, Colgate-Palmolive (India) said in a regulatory filing. Net profit for the nine months ended December 31, 2022 declined to Rs 731 crore as compared with Rs 755 crore in the year-ago period. "The company is focussed on its key strategic pillars of building oral care habit in India, driving innovation and renovation through science-led products and premiumisation," Colgate-Palmolive (India) Managing Director Prabha Narasimhan said. Although oral care consumption continued to be weighed down in the quarter by adverse macro factors, the company is cautiously optimistic going forward, she added. "The focus .

Management optimistic about growth as stock valuation stays unchanged for India's largest oral care company

Sales increased nearly 3% to Rs 13.78 billion

The company's PBIDT stood at Rs 327.9 crore in the quarter ended June, down 9 per cent compared to last year

Banking on relaunches, foray into new segments, digital strategy to address issues

It had a posted a net profit of Rs 314.66 crore in the January-March quarter a year ago, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing

Narasimhan's appointment will be effective from September 1, 2022

This comes after Colgate Palmolive (India)'s current MD and CEO Ram Raghavan was elevated to the position of president of enterprise Oral Care for Colgate Palmolive Company

FMCG major Colgate-Palmolive India Ltd on Thursday reported an increase of 1.6 per cent in its net profit to Rs 252.33 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 248.36 crore in the corresponding quarter of the last financial year, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing. Its revenue from operations during October-December 2021 increased 3.84 per cent to Rs 1,271.29 crore, against Rs 1,224.21 crore in the year-ago period. Total expenses stood at Rs 945 crore in the December 2021 quarter, a rise of 3.98 per cent as compared with Rs 908.77 crore a year ago. CPIL Managing Director Ram Raghavan said, "Despite the macro challenges, our growth remains strong, consistent and driving the right balance between volume and revenue growth. Brand penetration strengthening reflects continued consumer trust in our brands. We continue with our strong innovation pipeline with new initiatives launched this quarter." Shares of ...

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After 14% decline in price, attractive valuations could support stock

The company posted a net profit of Rs 274.19 crore in July-September period a year ago, Colgate-Palmolive India Ltd (CPIL) said in a BSE filing.

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