Colgate-Palmolive (India) Ltd. Q2 Results 2023

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· The Net Sales stood at ₹1,462.4 Cr · Net profit for Q2 FY’24 stood at ₹340 Cr · EBITDA margins display continued improvement, up 340 bps YoY

Performance Highlights

· The Net Sales grew a 6.1% YoY · Profit after tax (PAT) saw an increment of 22.3% YoY · In terms of net sales, domestic growth was registered at 6.6% for Q2

Dividend Announcements

Company declared the first interim dividend of ₹22 per equity share (face value of ₹1 each) for FY’24. Dividends to shareholders will be paid from 21st November 2023

Commentary by the Management

The company is thriving, enhancing its brand, and expanding product reach, especially with Colgate Strong Teeth and Colgate Max Fresh.

Source: Colgate-Palmolive (India) Ltd. Financial Report – Q2 Report, BSE