Jan 23, 2012, 12.11 PM IST

Colgate Palmolive Q3 PAT likely to jump 40.5%

FMCG major Colgate Palmolive (India) is expected to report a profit after tax of Rs 93 crore in the third quarter of FY12, a massive growth of 40.5% as compared to Rs 66.2 crore in a year ago quarter.

Source: CNBC-TV18
Share Share on Tumblr
Share  .  Email  .  Print  .  A+
Colgate Palmolive Q3 PAT likely to jump 40.5%
FMCG major Colgate Palmolive (India) is expected to report a profit after tax of Rs 93 crore in the third quarter of FY12, a massive growth of 40.5% as compared to Rs 66.2 crore in a year ago quarter.


Sales are seen going up by 13.6% to Rs 655 crore from Rs 576.6 crore during the same period.


Operating profit margin is likely to go up by 235 basis points at 18.5% in the quarter ended December FY12 versus 16.15% in the corresponding quarter of last fiscal.


Highlights


* Q2 saw volume growth of 15%; Q3 may see a slight moderation but still a robust 12%


* Margin improvement on lower promotion spends + 4-5% price hikes in Q3


* Q3 last year saw peak promotion spends at over 21%/sales; should decline to 13-14%


* Low base for reported PAT, margin expansion should aid the 40% bottomline growth


Set email alert for

Action in Colgate Palmolive (India)
XOLO Q700 Review
Araceli Roiz was not hired by me, I met her before she joined: Phaneesh Murthy "Araceli Roiz was not hired by me, I met her before she joined: Phaneesh Murthy"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18
News Videos

May 25 2013, 16:36

Expect Nifty to correct 60-70 points by expiry: Tulsian

- in MARKET OUTLOOK