Colgate Palmolive (India) Ltd
📊 Colgate-Palmolive (India) Q3 Results: Sales Up 1.4%, Margins Improve
- Q3 net sales: ₹1,473 crore, up 1.4% year-on-year
- Nine-month net sales: decreased 3.2% compared to same period last year
- Domestic net sales: grew 2.2% year-on-year
- Gross margin for Q3: 69.7%, improving 50 basis points from previous quarter
- Net profit after tax: ₹324 crore, with 2.3% growth excluding exceptional items
- Exceptional item: ₹8.39 crore one-time expense from India's new Labour Code implementation
- New product: Colgate Visible White Purple Serum launched in Q3 for premium oral care
- Focus areas: sustainability, innovation, and community programs like Colgate Bright Smiles, Bright Futures®