<p>Colgate Palmolive’s (India) net profit for the October-December quarter fell 2.2 per cent to Rs 322.8 crore, missing analyst estimates, according to data compiled by LSEG. </p>.<p>The company attributed this to persistent softening in urban demand and a tight competition in the market. In the corresponding quarter of the previous fiscal, Colgate-Palmolive India had posted a net profit of Rs 330 crore, the company said in a regulatory filing. </p>.<p>While revenue from operations rose 4.7 per cent to Rs 1,452 crore, the company's total expenses surged by 8.2 per cent, offsetting the sales growth.</p>.<p>"This has been a quarter of relatively soft demand, particularly in the urban market. 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,” said Managing Director and Chief Executive Officer Prabha Narasimhan. </p>.Trump policies, Q3 earnings, Budget to dictate markets this week.<p>On the other hand, its earnings before interest, tax, depreciation and amortisation (EBITDA) fell 3 per cent to Rs 454.3 crore in the third quarter of the current fiscal year (Q3FY25) as compared to Rs 468.4 crore in the corresponding period in the previous year.</p>.<p>Its EBITDA margin (a measure of a company's profitability and operational health) stood at 31 per cent in the third quarter, as opposed to 33.6% in the corresponding period in the previous financial year. </p>.<p>The toothpaste maker is seeing a positive momentum in its premium portfolio, akin to the trend witnessed by its peers. However, ‘the near-term macro environment continues to look challenging’, the company added.</p>
<p>Colgate Palmolive’s (India) net profit for the October-December quarter fell 2.2 per cent to Rs 322.8 crore, missing analyst estimates, according to data compiled by LSEG. </p>.<p>The company attributed this to persistent softening in urban demand and a tight competition in the market. In the corresponding quarter of the previous fiscal, Colgate-Palmolive India had posted a net profit of Rs 330 crore, the company said in a regulatory filing. </p>.<p>While revenue from operations rose 4.7 per cent to Rs 1,452 crore, the company's total expenses surged by 8.2 per cent, offsetting the sales growth.</p>.<p>"This has been a quarter of relatively soft demand, particularly in the urban market. 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,” said Managing Director and Chief Executive Officer Prabha Narasimhan. </p>.Trump policies, Q3 earnings, Budget to dictate markets this week.<p>On the other hand, its earnings before interest, tax, depreciation and amortisation (EBITDA) fell 3 per cent to Rs 454.3 crore in the third quarter of the current fiscal year (Q3FY25) as compared to Rs 468.4 crore in the corresponding period in the previous year.</p>.<p>Its EBITDA margin (a measure of a company's profitability and operational health) stood at 31 per cent in the third quarter, as opposed to 33.6% in the corresponding period in the previous financial year. </p>.<p>The toothpaste maker is seeing a positive momentum in its premium portfolio, akin to the trend witnessed by its peers. However, ‘the near-term macro environment continues to look challenging’, the company added.</p>