Colgate-Palmolive Q2 net profit up 5.5% to Rs.342 crore, narrowly misses estimates
MUMBAI, Oct. 22 -- Toothpaste maker Colgate-Palmolive (India) Ltd reported a net profit of Rs.342 crore for the July-September quarter of FY27, representing 5.5% growth when excluding a charge related to the inverted duty structure due to GST changes. It reported year-on-year topline growth of 12.2% to Rs.1,691.57 crore for the quarter.
The company narrowly missed Bloomberg's estimates, which had projected net profit at Rs.343 crore and revenue at Rs.1,692 crore. In the preceding April-June quarter, the company had reported a profit of Rs.343 crore on revenue of Rs.1,591 crore.
"We are delighted to report double-digit topline growth for the second consecutive quarter. This consistent performance reflects broad-based growth momentum acro...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.