Latest news with #ColgatePalmoliveIndia
Business Recorder
26-07-2025
- Business
- Business Recorder
Indian benchmarks hit month-low
MUMBAI: India's equity benchmarks ended at a one-month low on Friday, marking their longest weekly losing streak so far in 2025 as a broad sell-off driven by weak earnings, foreign outflows and global trade uncertainty dented investor sentiment. The Nifty 50 and the BSE Sensex fell 0.5% and 0.4%, respectively, for the week dragged by a 0.9% drop on Friday to close at 24,837 points and 81,463.09 points, respectively. This was their fourth consecutive weekly decline. Eleven of the 16 major sectors declined for the week, with information technology, oil and gas and consumer goods topping sectoral losses. The IT index slid 4.1%, dragged by lacklustre earnings. Infosys fell 4.4% amid concerns over weak client spending and tepid Q1 commentary. The broader small-cap and mid-cap indexes logged weekly losses of 3.5% and 1.9%, respectively. The FMCG index lost 3.4%, also pressured by disappointing results from Nestle India and Colgate Palmolive India.
Business Recorder
25-07-2025
- Business
- Business Recorder
Indian shares dip; benchmarks hit month-low as earnings, outflows weigh
India's equity benchmarks ended at a one-month low on Friday, marking their longest weekly losing streak so far in 2025 as a broad sell-off driven by weak earnings, foreign outflows and global trade uncertainty dented investor sentiment. The Nifty 50 and the BSE Sensex fell 0.5% and 0.4%, respectively, for the week dragged by a 0.9% drop on Friday to close at 24,837 points and 81,463.09 points, respectively. This was their fourth consecutive weekly decline. Eleven of the 16 major sectors declined for the week, with information technology, oil and gas and consumer goods topping sectoral losses. The IT index slid 4.1%, dragged by lacklustre earnings. Infosys fell 4.4% amid concerns over weak client spending and tepid Q1 commentary. The broader small-cap and mid-cap indexes logged weekly losses of 3.5% and 1.9%, respectively. The FMCG index lost 3.4%, also pressured by disappointing results from Nestle India and Colgate Palmolive India. Oil and gas lost 3.5%, dragged by 5.7% drop in heavyweight Reliance Industries on concerns over softness in retail and oil-to-chemicals business. Financials defied the broader trend, rising about 1% for the week on robust quarterly earnings from HDFC Bank and ICICI Bank. Indian shares fall as earnings weigh on IT 'Foreign investors remain uneasy about India's lofty valuations and the underwhelming earnings season hasn't helped,' said Santosh Meena, head of research at Swastika Investmart. 'The stalled U.S.-India trade deal only deepens market uncertainty.' Foreign investors have been sellers in India in nine of the previous 10 trading sessions. Negotiations between India and the U.S. have been hampered by deadlock over tariff cuts, dimming hopes of an interim deal ahead of U.S. President Donald Trump's August 1 deadline. Zomato-parent Eternal posted its best week on record, rising 20.5% on strong quarterly results. On the day, Bajaj Finance slid 4.7% on asset quality concerns in the MSME segment, while Cipla jumped 3% after a strong profit beat.
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Business Standard
22-07-2025
- Business
- Business Standard
Colgate Palmolive India Q1 results: Net profit down 11.9% as sales drop
Colgate Palmolive India's Q1 net profit fell 11.9%, with revenue dropping 4.2%, driven by weak urban demand and heightened competition The oral care major saw its revenue fall to Rs 1,434.1 crore, down 4.2 per cent compared to the same period last year, with its net profit standing at Rs 320.6 crore. BS Reporter Mumbai Colgate Palmolive India saw its net profit drop 11.9 per cent in the quarter ended June, on the back of weak urban demand, a high base, and elevated competitive intensity. The oral care major saw its revenue fall to Rs 1,434.1 crore, down 4.2 per cent compared to the same period last year, with its net profit standing at Rs 320.6 crore. In its earnings release, Prabha Narasimhan, Managing Director & Chief Executive Officer of Colgate-Palmolive (India), said, 'Our Q1 results reflect persistent headwinds from tough operating conditions on account of subdued urban demand and elevated competition intensity. The current quarter's performance is also influenced by cycling a high base from the previous year; net sales grew at a 12 per cent compound annual growth rate (CAGR) in the base year same period (Q1 FY23-Q1 FY25).' She also mentioned that the company continued to work towards executing its strategic priorities. 'We have made good strides in category premiumisation, with our premium portfolio delivering strong revenue growth. We also prioritised brand investment, leveraging our healthy profit margins. We expect to navigate the current challenges and anticipate a gradual recovery in the back half of the year,' she added.
Economic Times
22-07-2025
- Business
- Economic Times
Colgate-Palmolive Q1 Results: Profit dips 12% on rising competition, tepid urban demand
Colgate Palmolive India reported a decline in first-quarter profit on Tuesday, as feeble urban demand and intensified competition in its core oral care business weighed on sales. ADVERTISEMENT The toothpaste maker's net profit fell 12% to 3.21 billion rupees ($37.20 million) in the quarter ended June 30. Revenue from operations for the toothpaste-to-shower gels maker dropped 4.4% to 14.21 billion rupees. For further results highlights, click here. The local arm of Colgate-Palmolive, known for its eponymous range of Colgate toothpastes, has said in a prior call with analysts that weak urban demand was causing consumers to use staples such as toothpaste for longer, impacting overall volumes. The company's results in the current reporting quarter reflect subdued urban demand and elevated competition with local players, it said in a statement. ADVERTISEMENT Colgate has been sharpening its focus on differentiated offerings that promise higher quality oral benefits to tackle these challenges, leading with a more premium portfolio. Colgate-Palmolive India's peers are yet to report quarterly results. ADVERTISEMENT Valuation (next 12 Estimates (next 12 Analysts' sentiment months) months) RIC PE EV/EBI Price/ Revenue Profit Mean No. of Stock to Div ADVERTISEMENT TDA Sales growth (%) growth (%) rating* analyst price yields target** (%)Colgate-Palmolive 41.97 29.70 NULL 7.02 5.49 Hold 30 0.92 2.13 (India) Godrej Consumer 51.46 35.82 8.00 9.46 21.30 Buy 34 0.92 1.60 ADVERTISEMENT Hindustan Unilever 52.37 36.60 8.84 5.37 6.25 Buy 19 0.99 1.73 Dabur India 45.94 34.72 6.80 7.88 10.20 Hold 39 1.01 1.53 * The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell ** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT -- All data from LSEG -- $1 = 86.2960 Indian rupees (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
22-07-2025
- Business
- Mint
Colgate Palmolive Q1 results: Net profit declines 12% YoY to ₹321 crore, net sales down 4%
Colgate Palmolive India, on Tuesday, July 22, announced its quarterly financial results for the period ending on June 30, 2025. The company reported a 11.8 per cent year-on-year (YoY) decline in its net profit to ₹ 321 crore, as compared to ₹ 364 crore for the same period last year. Meanwhile, net sales also fell over 4.4 per cent from ₹ 1,421 crore for the quarter ended June 30, 2025, as compared to ₹ 1,486 crore for the same period last year. Revenue from operations also fell 4.3 per cent for the recent quarter, with total income falling to ₹ 1,433 crore compared to ₹ 1,496.71 crore in the corresponding period last year. The company's operating margin declined to 31.6% in the current year, compared to 34 per cent in the previous year, indicating a contraction of 240 basis points. EBITDA declined by 11 per cent to ₹ 453 crore in the June quarter, compared to ₹ 508.34 crore in the corresponding period last year. 'Our Q1 results reflect persistent headwinds from tough operating conditions on account of subdued urban demand and elevated competition intensity. The current quarter performance is also influenced by cycling a high base from the previous year; Net Sales grew at 12% CAGR in the base year same period (Q1 FY23-Q1 FY25). We continued to work towards execution of our strategic priorities. We have made good strides in category premiumization, with our premium portfolio delivering strong revenue growth. We also prioritized brand investment, leveraging our healthy profit margins. We expect to navigate the current challenges and anticipate a gradual recovery in the back half of the year," said Prabha Narasimhan, Managing Director & CEO of Colgate-Palmolive (India) Limited. Narsimhan further added, ' Doubling down on innovation this quarter, we introduced two new innovative formats under our Kids and Mouthwash portfolios. For children aged 3-6, we launched Colgate Kids Squeezy Toothpaste in Strawberry and Watermelon flavors. Its easy-to-squeeze bottle and fun grip are ideal for small hands. We also launched MaxFresh Mouthwash Sachet Stick in Fresh Tea Flavor, catering to on-the-go freshness needs.'
