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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
