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Colgate-Palmolive India Q2 profit up 22.3 pc to Rs 340 crore, sales up 6.09 pc
![IndiaTimes]()
Thursday, 26 October 2023
Colgate-Palmolive India reported a 22.31% increase in net profit for Q2 2023-24, reaching Rs 340.05 crore. The rise was driven by pricing and efficiencies. Sales were up 6.09% to Rs 1,462.38 crore. CPIL's EBITDA margins also improved, up 120 bps compared to the previous quarter and up 340 bps from the same quarter last year. The company's domestic growth remains strong, with toothpaste segment witnessing higher single-digit growth. CPIL's board declared a first interim dividend of Rs 22 per equity share.
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Thursday, 26 October 2023
