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 ...
As several leading brands are threatening to push India's traditional distributors into oblivion. They recently got breakthrough against HUL and Colgate Palmolive. Find out how they are fighting back
The trusted middlemen that brands have traditionally relied on to reach millions of small neighborhood stores in 8,000 towns and 660,000 villages are in revolt
Will gauge the price parity situation on the ground for the next 3 months
Colgate India's meeting with distributors comes after the traditional channel stopped supplying its Colgate MaxFresh range of products in Maharashtra
Colgate-Palmolive has introduced a sustainable innovation to the oral care industry with launching of 100 per cent recycled plastic handle toothbrush.
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.
The markets are likely to react to Reliance and ICICI Bank results at the opening bell today
Disruptions on account of the lockdown led to the decline in the performance
Gross margin expanded by 301 bps and 148 bps over previous quarter, reflecting the price hikes taken during April-June.
While Colgate has the Vedshakti brand in the naturals segment, experts say the product has not helped stem market share loss for the oral care major
Consumers won't stop brushing their teeth, but they will look for cheaper ways to do so.
Shares of Colgate-Palmolive India closed trade at Rs 1,596 apiece on the BSE on Monday, up 1.84 per cent over the previous day's close
The firm reported a 24.74 per cent increase in net profit at Rs 248.36 crore in the third quarter ended in December
Focus on modern trade and market share gains has led brokerages to hike their target price estimate for the stock
Firm has seen share of its e-commerce sales within domestic FMCG business rise to 8% from 5% in one year, thanks to the restricted lifestyle of people