Analysts largely agree that the toothpaste major's volumes and revenue were hit by a 'double whammy' of GST rate cuts and intensifying competition, with limited signs of a near-term recovery.
FMCG Stock Today: Technical charts show that Hindustan Unilever and Nestle India seem to be favourably placed; while Colgate Palmolive stock can decline up to 7% from here.
Colgate's board approved an interim dividend of ₹24 per share, with a record date of November 3 and payment to be made on November 19
Motilal Oswal continues to favour leading staples companies, including HUL, GCPL and Marico, as beneficiaries of renewed consumption momentum.
Consumer goods company Dabur, valued at $11 billion, took out a front-page newspaper advertisement this week carrying photos of unbranded toothpaste packs that resemble Colgate packaging
Bata India, Trent, Colgate stocks are seen nearing the long-term 200-DMA after a gap of up to 9 months; tech charts suggest these 3 stocks can potentially gain up to 12% from here.
Colgate share price hit a 52-week low today on the back of weak Q1 results, weighed down by poor demand trends in urban market. Analysts decode the stock strategy going forward
Total expenses stood at ₹1,020.05 crore, marginally lower than ₹1,030.86 crore a year ago but up from ₹1,003.95 crore in the previous quarter
Colgate-Palmolive plans to introduce global home and personal care brands in India as it focuses on premiumisation and rural growth to boost market share
Can it fill the cavity of doubt with its premium strategy? Experts weigh in
Co in a bind over issuing credit notes without GST and offering deep discounts to quick commerce platforms, as distributors threaten a nationwide suspension
The company's net sales in Latin America, a major revenue contributing region, fell 7.2 per cent and dropped 1 per cent in North America. On an adjusted basis, its profit of 91 cents per share
FMCG major Colgate-Palmolive India Ltd on Tuesday reported a 2.22 per cent decline in its net profit to Rs 322.78 crore for the third quarter ended December 2024 on account of soft demand in the urban market and a high base of the previous year. It had posted a net profit of Rs 330.11 crore in the October-December quarter a year ago, according to a regulatory filing from the oral hygiene product maker Colgate-Palmolive India Ltd (CPIL). Its sales were up 4.74 per cent to Rs 1,452.21 crore during the quarter under review compared to Rs 1,386.41 crore in the corresponding period a year ago. "Gross margin & EBITDA margin show sequential improvement over the previous quarter, while down from last year's high base," said CPIL in its earning statement. Total expenses of CPIL in the December quarter were up 8.2 per cent to Rs 1,049.72 crore. CPIL's total income, including other income, was Rs 1,482.24 crore, up 4.86 per cent in the December quarter. Commenting on the results, MD & ...
Plastic promotional toys and confectionery manufacturer Candytoy Corporate has secured an investment of Rs 110 crore in a funding round. This Series A round of funding was led by a large pool of domestic investors, high networth individuals (HNIs), angel investors and institutional investors, according to a statement issued by the Indore-based candy toy maker. This new round of funding will enable Candytoy Corporate (CTC) to expand its manufacturing capabilities and invest in nurturing top talent nationwide to support its fast-paced growth, it added. "We are getting into a very exciting phase. This series A deal of Rs 110.5 crore with 13 per cent liquidation will not only help propel our growth but also invest in the incredible talent that drives our success to take on the new business orders received from across the globe," CTC Director Gaurav Mirchandani said. CTC manufactures candy toys for companies such as Colgate, Puma, MTR, Bournvita, Yellow Diamonds, Vistara Airlines and ..
Asian Paints, Aurobindo Pharma, AIA Engineering, Delhivery and Colgate-Palmolive stocks were trading in oversold zone, the daily chart shows. Here are the key levels to track.
FMCG major Colgate-Palmolive India Ltd on Thursday reported an increase of 16.17 per cent in its net profit at Rs 395.05 crore in the quarter ended September 2024, led by a broad-based growth across portfolios. The oral hygiene product maker had posted a net profit of Rs 340.05 crore in the July-September quarter a year ago, according to a regulatory filing by Colgate-Palmolive India Ltd (CPIL). Its sales were up 10.04 per cent to Rs 1,609.21 crore during the quarter under review. It was at Rs 1,462.38 crore in the corresponding period a year ago. Total expenses of CPIL in the latest September quarter were up 13.6 per cent year on year to Rs 1,695.09 crore. The company's total income, including other income, was Rs 1,164.64 crore, up 12.60 per cent annually. The profit growth of 16 per cent in Q2 FY25 also "includes one-off credit related to interest on income tax refunds received during the quarter", said CPIL in its earnings statement "Advertising spend increased by 17.8 per ce
BDL, Siemens and Colgate Palmolive among 5 stocks that look favourably placed on the technical charts for short-term gains; check key support, resistance levels here.
Strong Q1 earnings, revival in FMCG sector has propelled Colgate-Palmolive stocks; Technical charts suggests that the bias shall remain favourable as long as the stock holds Rs 3,500.
According to Nielsen, the consumer sector grew 4% Y-o-Y in Q1FY25, down from 6.6% in Q4FY24. Pricing saw a marginal increase of approximately 0.2 per cent, while volumes rose 3.8% Y-o-Y.
The company said the quarter witnessed continued demand pickup in rural markets outpacing growth in urban markets for the second quarter in a row