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Published
Jan 27, 2022
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Colgate-Palmolive India posts Q3 net profit of Rs 252 crore

Published
Jan 27, 2022

FMCG major Colgate-Palmolive India Ltd (CPIL) reported a two percent increase in its net profit to Rs 252 crore ($33 million) for the third quarter ended December 2021, as against a net profit of Rs 248 crore in the year-ago period.


Colgate-Palmolive India posts Q3 net profit of Rs 252 crore - Palmolive


The company's revenue for the quarter rose by 4 percent to Rs 1,271 crore, against Rs 1,224.21 crore it reported in the corresponding period of the previous fiscal year.

Total expenses of the company for the quarter rose by 4 percent to Rs 945 crore, as compared with Rs 908 crore it reported in the year-ago period.

Commenting on the Q3 results, Ram Raghavan, managing director of CPIL in a statement said, "Despite the macro challenges, our growth remains strong, consistent and driving the right balance between volume and revenue growth. Brand penetration strengthening reflects continued consumer trust in our brands. We continue with our strong innovation pipeline with new initiatives launched this quarter."

Colgate-Palmolive India is one of the leading players in India’s personal care segment with a strong portfolio of brands in the grooming segment.

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