Colgate Palmolive Q1 net down 18% YoY as expenses rise

Personal care product maker Colgate Palmolive India missed street expectations as first quarter net profit fell 17.7% year-on-year to Rs 100.44 crore due to higher advertising and sales expenses and a rise in raw material costs.

July 23, 2011 / 01:35 IST

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Moneycontrol Bureau

Oral and personal care product maker Colgate Palmolive India missed street expectations as first quarter net profit fell 17.7% year-on-year to Rs 100.44 crore due to higher advertising and sales expenses and a rise in raw material costs.

The company

first published: Jul 22, 2011 02:15 pm

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