Colgate Q3 Results: Net profit falls marginally, revenue increases 5%

The FMCG major had posted a net profit of ₹330.1 crore during the same period last fiscal year.

Its revenue from operations during the reporting quarter grew 4.7% to ₹1,452.21 crore, compared to ₹1,386.41 crore in the year-ago period.

“We continue to see positive momentum in our premium portfolio, driven by science-backed innovations. The margin profile continues to remain healthy. While the near-term macro environment continues to look challenging, we are committed to driving growth through focus on a working strategy,” said Prabha Narasimhan, managing director and CEO of Colgate India.

The company reported a domestic growth of 3.2% during the quarter and 8.8% in nine months of FY25.

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At the operating level, EBITDA fell 3% to ₹454.3 crore in the third quarter of the current fiscal over ₹468.4 crore in the corresponding period in the last fiscal.

Meanwhile, gross and EBITDA margins showed sequential improvement over the previous quarter, but they were down from last year’s high base.

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“In these market conditions and a heightened competitive landscape, we delivered a resilient performance this quarter with Toothpaste reporting mid-single-digit intrinsic volume growth and continued competitive growth on toothbrushes. During the quarter, we further strengthened our strategic commitment to enhancing India's Oral Health quotient by launching our and India’s largest oral health initiative, the Oral Health Movement. Our innovation pipeline also remained strong with the introduction of the MaxFresh Sensorial range in e-commerce and builds on the success of Visible White Purple,” Narasimhan further added in the statement.

The results came after the market hours. Shares of the FMCG firm closed at ₹2674.35 slipping 1.26% on BSE.