Colgate-Palmolive (India) Limited, a market leader in oral care, reported its financial results for the third quarter (Q3) and nine months ended December 31, 2024. Despite soft demand and a competitive landscape, the company delivered steady growth supported by innovation and strategic initiatives.
Key Financial Highlights (Q3 FY25)
- Net Sales: ₹1,452 crore, up 4.7% year-on-year (YoY) from ₹1,386 crore in Q3 FY24.
- Net Profit After Tax (PAT): ₹322.8 crore, slightly lower than ₹330.1 crore in Q3 FY24 due to a high base.
- EBITDA Margin: 31.3%, reflecting improved sequential performance.
Nine-Month Performance (April-December 2024)
- Net Sales: ₹4,547 crore, a 9.2% YoY growth from ₹4,164 crore in the same period last year.
- Net Profit: ₹1,081.8 crore, a 14.6% increase from ₹943.8 crore YoY.
Operational Highlights
- Domestic Growth: Achieved 3.2% growth in Q3 and 8.8% in the nine-month period.
- Premiumisation Efforts: Continued focus on high-value segments with science-backed innovations like the Visible White Purple range and the newly launched MaxFresh Sensorial range.
- Tech-Enabled Oral Health Movement: Launched India’s largest oral health initiative, providing personalized AI-generated dental screening reports and free dental checkups in partnership with the Indian Dental Association (IDA).
Prabha Narasimhan, Managing Director & CEO, stated, “This quarter saw relatively soft demand, particularly in urban markets. Despite these challenges, we delivered resilient results. Our continued investments in innovation, like the MaxFresh Sensorial range and Visible White Purple, have driven premium portfolio growth. We remain committed to advancing oral health in India through initiatives like the Oral Health Movement.”
Colgate-Palmolive continues to lead with sustainability and innovation:
- Launched new eco-friendly packaging initiatives to reduce plastic waste and promote recyclability.
- Expanded its Colgate Bright Smiles, Bright Futures® program, engaging children in oral health education.
With a strong innovation pipeline and a focus on premiumisation, Colgate-Palmolive aims to sustain its growth momentum in a competitive market.
