Colgate-Palmolive climbs after Q1 PAT jumps 7% YoY to Rs 343 cr
Mumbai, July 29 -- The company said that excluding the one-time charge related to the inverted duty structure following GST changes and organisation restructuring costs, net profit grew 11% YoY.
Prabha Narasimhan, managing director & CEO of Colgate-Palmolive (India), said," We continued growth momentum across the entire portfolio. Our toothpaste portfolio achieved robust, high-single digit volume growth, driven by stellar performance in Premium toothpaste, alongside a sustained growth in our core portfolio.
We continue to maintain a healthy margin profile led by consistent cost savings from our Funding the Growth initiatives and strict financial discipline. Gross margin reached 69.7% in Q1 FY27, representing a year-on-year increase of u...
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