Colgate Palmolive Q3 net may fall 13%, volume may fall 5-7%

During the period, its EBITDA may shrink 4.3 percent at Rs 221.5 crore from Rs 231.4 crore while margins may decrease 50 basis points at 22.3 percent versus 22.8 percent year-on-year. Volume in Q3 may decline 5-7 percent.

January 27, 2017 / 13:33 IST

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Colgate Palmolive is likely to see net profit fall 13.3 percent in October-December quarter to Rs 138.3 crore from Rs 159.4 crore in corresponding quarter last fiscal. According to CNBC-TV18 poll, the company's total income may slip marginally 2 percent at Rs 992 crore against Rs 1014.8 crore in year-ago period.

During the period, its EBITDA may shrink 4.3 percent at Rs 221.5 crore from Rs 231.4 crore while margins may decrease 50 basis points at 22.3 percent versus 22.8 percent year-on-year. Volume in Q3 may decline 5-7 percent.

Analysts will watch out for improvement in quarterly market share. Last quarter it launched natural toothpaste Cibaca Vedshakti to compete against Patanjali. Vedshakti is priced 35 percent cheaper than Dant Kanti. It also launched neem clove variants of active toothpastes in the naturals portfolio.

first published: Jan 27, 2017 08:14 am

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