Colgate-Palmolive India Q3 net profit rises 25% to ₹ 248.36 crore
PTI
New Delhi |
Updated on
January 28, 2021
Total income up 8% at ₹ 1,241.81 crore
FMCG firm Colgate-Palmolive (India) on Thursday reported a 24.74 per cent increase in net profit at ₹ 248.36 crore in the third quarter ended in December.
The company had posted a net profit of ₹ 199.1 crore in the same quarter a year ago.
Total income during the period under review stood at ₹ 1,241.81 crore up 7.70 per cent, as compared to ₹ 1,152.97 crore in the year-ago quarter, Colgate-Palmolive (India) said in a regulatory filing.
Ram Raghavan, Managing Director at Colgate-Palmolive (India) Ltd, said: “We are very pleased with not only the continued momentum on the business but also the quality of the results. Our strategic and disciplined approach to building brands, driving innovation, and relentless focus on winning on the ground continues to deliver as per our expectations.” Raghavan said the company
Colgate Q3 Domestic Net Sales up 10.1% and Net Profit up 24.7%
Posted On: 2021-01-28 01:43:02 (Time Zone: Arizona, USA)
Q3 2020-21: Colgate-Palmolive (India) Limited today reported Net Sales of Rs. 1,224.2 crore for the quarter ended December 31, 2020, an increase of 7.8% over the same quarter of the previous year. Domestic net sales for the quarter reported a healthy 10.1% growth. Reported Net profit after tax for the quarter was Rs. 248.4 crore as against the Net Profit of Rs. 199.1 crore for the same quarter of the previous year, a growth of 24.7%.
9M 2020-21 : Net Sales for the nine month ended December 31, 2021 was recorded at Rs. 3535.5 crore, an increase of 3.2% over the same period of the previous year. Reported net profit after tax for the same period was Rs. 720.7 crore, an increase of 17.7% over the previous period.
Results: Colgate-Palmolive India Q3 net profit rises 25% to Rs 248.36 crore
Results: Colgate-Palmolive India Q3 net profit rises 25 pc to Rs 248.36 crore
FMCG firm Colgate-Palmolive (India) on Thursday reported a 24.74 per cent increase in net profit at Rs 248.36 crore in the third quarter ended in December.
The company had posted a net profit of Rs 199.1 crore in the same quarter a year ago.
Total income during the period under review stood at Rs 1,241.81 crore, up 7.70 per cent, as compared to Rs 1,152.97 crore in the year-ago quarter, Colgate-Palmolive (India) said in a regulatory filing.
Ram Raghavan, Managing Director at Colgate-Palmolive (India) Ltd, said: We are very pleased with not only the continued momentum on the business but also the quality of the results. Our strategic and disciplined approach to building brands, driving innovation, and relentless focus on winning on the ground continues to deliver as per our expectations. Raghavan said the company continues t
Colgate-Palmolive (India) Ltd is quoting at Rs 1558.1, down 0.26% on the day as on 13:19 IST on the NSE. The stock jumped 3.79% in last one year as compared to a 17.09% rally in NIFTY and a 10.56% spurt in the Nifty FMCG index.
Colgate-Palmolive (India) Ltd is down for a fifth straight session today. The stock is quoting at Rs 1558.1, down 0.26% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.83% on the day, quoting at 14314.3. The Sensex is at 48700.68, down 0.68%.Colgate-Palmolive (India) Ltd has added around 1.07% in last one month.Meanwhile, Nifty FMCG index of which Colgate-Palmolive (India) Ltd is a constituent, has increased around 4.81% in last one month and is currently quoting at 34630.05, up 0.33% on the day. The volume in the stock stood at 4.71 lakh shares today, compared to the daily average of 5.42 lakh shares in last one month.
Press release content from Business Wire. The AP news staff was not involved in its creation.
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