Colgate-Palmolive Q3 results: Net profit down 3.6% to Rs 243 crore

Colgate-Palmolive’s (India) net profit declined during the October-December quarter by 3.6 per cent to Rs 243.2 crore compared to last year. The company’s profit before interest, tax and depreciation (PBIDT) was also down during the quarter.

The toothpaste major’s revenue from operations stood at Rs 1,281.2 crore, up 0.8 per cent compared to the corresponding quarter last year.  

The company’s (PBIDT) was down 3.7 per cent during the quarter ended December at Rs 371.9 crore. 

“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,’