trending Market Intelligence /marketintelligence/en/news-insights/trending/WuYqRZj3ohI36R8VBr872g2 content esgSubNav
In This List

Colgate-Palmolive (India) profit misses consensus by 16.8% in fiscal Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Colgate-Palmolive (India) profit misses consensus by 16.8% in fiscal Q1

Colgate-Palmolive (India) Ltd. said its normalized net income for the fiscal first quarter ended June 30 was 4.22 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 5.07 rupees per share.

EPS rose 7.6% year over year from 3.92 rupees.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.15 billion rupees, a gain of 7.6% from 1.07 billion rupees in the year-earlier period.

The normalized profit margin fell to 12.1% from 12.6% in the year-earlier period.

Total revenue rose 12.6% year over year to 9.51 billion rupees from 8.45 billion rupees, and total operating expenses rose 11.9% year over year to 7.74 billion rupees from 6.91 billion rupees.

Reported net income declined 27.2% on an annual basis to 1.35 billion rupees, or 4.96 rupees per share, from 1.85 billion rupees, or 6.81 rupees per share.

As of July 25, US$1 was equivalent to 60.01 Indian rupees.