Higher costs likely to put pressure on Colgate-Palmolive's margins

Disruptions on account of the lockdown led to the decline in the performance

The stock of India’s largest toothpaste maker, Colgate, has shed 7 per cent over the last week because of a muted Q1 performance. Over the past year, the stock has risen 18.6 per cent versus a  46 per cent gain for the S&P BSE Sensex, and a 20.4 per cent jump in the BSE FMCG index.
 
While Colgate-Palmolive (India) posted a 12 per cent uptick in the June quarter, helped by double-digit volume growth, it came on a lower base and missed Street expectations. The two-year compound annual growth rate dropped to sub-4 per cent, from 5-6 per cent