Colgate Palmolive Q3 net may jump 18.4% to Rs 134 cr: Poll

Colgate Palmolive's third quarter profit is expected to surge 18.4 percent year-on-year to Rs 134 crore, according to the average of estimates of analysts polled by CNBC-TV18.

Total income of the FMCG company may increase 12.1 percent to Rs 999 crore in the quarter ended December 2014 from Rs 891 crore in the same quarter last fiscal, driven by company's sustained focus on garnering better market share.

Operating profit is seen rising 25.3 percent year-on-year to Rs 189 crore and margin may expand 200 basis points to 18.9 percent in the quarter gone by.

The decrease in other operating expenses and expansion in the gross margins may support operational performance of the company. Gross margins may expand on lower material costs and the expansion could be as high as 200-300 basis points.

Advertising spends may come down as the competitive intensity has come off from the levels seen in FY14.

Volume is expected to grow 6-7 percent as against 10 percent Y-o-Y. The volume growth in Q2FY15 was 5 percent (against 10 percent Y-o-Y).