InvestorQ : What do you make of the results of Colgate Palmolive announced yesterday?
Angel dcosta made post

What do you make of the results of Colgate Palmolive announced yesterday?

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Juvina Maggie answered.
1 month ago
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One of India’s leading FMCG Company and a clear leader in oral care, Colgate Palmolive, posted 12.3% growth in net profits for the Sep-20 quarter at Rs.274 crore. Colgate reported revenues up 5.2% at Rs.1286 crore in the Sep-20 quarter of the year.

The operating earnings before interest, tax, depreciation and amortisation or EBITDA as it is popularly referred to, jumped by a solid 26.7% to Rs.409 crore. Even the EBITDA margins were nearly 540 bps higher at 31.8% in the Sep-20 quarter, enhancing profitability.

As a conscious decision, the company decided to proactively manage all of its revenue and cost drivers considering the COVID impact after simulating the likely implications.

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