HomeNewsBusinessEarningsColgate Q4 net seen up 21%, tax & depreciation may pinch

Colgate Q4 net seen up 21%, tax & depreciation may pinch

Analysts polled by CNBC-TV18 are expecting another steady quarter with volumes growth of 4-8 percent in Q4 FY15. Gross margin is seen to be higher by 200-250 basis points.

May 19, 2015 / 11:51 IST
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Colgate Palmolive will announce its March quarter results on May 18. According to a CNBC-TV18 poll, the company is likely to report Q4 net profit at Rs 160 crore, up 21.2 percent from Rs 132 crore. Revenue is seen growing 11.5 percent at Rs 1034 crore compared to Rs 927 crore in corresponding quarter last fiscal. However, analysts say profit may be impacted by higher taxes and depreciation.

EBITDA margin is seen at 22.9 percent versus 21.8 percent (year-on-year) while EBITDA is may go up 17.2 percent at Rs 237 crore against Rs 202 crore on yearly basis.

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Analysts polled by CNBC-TV18 are expecting another steady quarter with volumes growth of 4-8 percent in Q4 FY15. Gross margin is seen to be higher by 200-250 basis points. Premiumization and lower advertising & promotions (A&P) spends may further aide margin. Lower crude prices may lead to lower packaging costs.

The stock closed at Rs 2,075.65, up Rs 3.00, or 0.14 percent on the BSE.

first published: May 18, 2015 04:52 pm

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