Colgate-Palmolive India Q1 profit rises 33% to Rs 364 crore due to price hikes and domestic demand growth.
Colgate-Palmolive India reported a 33% rise in first-quarter profit to Rs 364 crore, driven by price hikes and steady domestic demand. Net sales increased by 13% to Rs 1,485.8 crore. The company's advertising expenditure for Q1 FY2025 rose by 9.79% to Rs 199.07 crore YoY. Demand in rural markets outpaced growth in urban areas for a second straight quarter, contributing to the overall sales growth.
July 29, 2024
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