Colgate Palmolive Q3 profit seen up 25%; volume growth, market share key to watch

Colgate Palmolive is expected to report good numbers for October-December quarter given low base due to demonetisation, demand recovery, increased rural penetration and new launches.

Apart from volume growth & toothpaste market share, other key thing to watch out for would be whether the king of toothpastes can deliver a surprise or not?

Profit during the quarter is expected to grow by 25 percent year-on-year to Rs 160 crore and revenue from operations (excise adjusted) to increase 17.5 percent to Rs 1,027 crore, according to average of estimates of analysts polled by CNBC-TV18.

Operating profit may jump 23.5 percent to Rs 264 crore and margin may expand 120 basis points to 25.7 percent compared to year-ago.

Analysts expect volume growth at around 12-15 percent.

Colgate launched Cibaca Vedshakti in the naturals space to compete with Patanjali & Dabur India.

Analysts expect around 35-40 percent increase in advertising spends.