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#Colgate-Palmolive results disappointed again even on low expectations, as a result of weak rural operating environment.
Pegged back by sluggish rural demand, #Colgate-Palmolive posted weak December quarter results for FY23. Even as the Street had muted expectations, given its dismal growth for some time now, the company failed to meet the estimates. Ram Prasad Sahu reports
COLPAL - Clarification To Outcome Of Board Meeting Dated 24Th January, 2023
Colgate Palmolive (India) Ltd needs a major strategy refresh for higher volume growth, and part of this refresh could come from diversifying its portfolio into the high growth personal care segment. #Colgate #IndustryAnalysis
Catch Prabha Narasimhan - MD & CEO, Colgate Palmolive India, share her thoughts on how corporates can become more progressive in the space of gender parity @HSBC_IN @DeloitteIndia @ficci_india #FutureFemaleForward #FutureisHERs #EqualPay #GenderEquality #WomenEmpowerment
Colgate Palmolive India Ltd Q3FY23 PAT drops to Rs. 243.24 crores #ColgatePalmoliveIndia #Q3FY23 #9MFY23 #ResultUpdate
#Colpal breakdown post results.
In Q3FY23 #ColgatePalmolive reported: - Revenue grew by 1% sequentially - Decrease in consolidated revenue by 7% QoQ & increase by 1% YoY - Expenses down by 5% QoQ & up by 3% YoY - Net Profit down by 13% QoQ & 4% YoY - EPS at 8.9
Colgate-Palmolive (India) fell 2.06%. The company reported a 3.6% decrease in net profit to Rs 243.24 crore in Q3 FY23 from Rs 252.33 crore posted in Q3 FY22.