Shares of Colgate-Palmolive (India) Ltd will be in focus today, May 22, after the FMCG major reported a weaker-than-expected performance in its Q4 FY25 earnings announced post-market hours on Tuesday.
The company reported a 6.5% year-on-year decline in net profit, which stood at ₹355 crore compared to ₹379.8 crore in the same quarter last year. Revenue fell 1.9% YoY to ₹1,462.5 crore, down from ₹1,490 crore a year ago, indicating subdued consumer demand.
Operating performance also softened, with margins contracting to 34% from 35.7% YoY, although they came in above the CNBC-TV18 poll estimate of 32.6%.
Interestingly, despite the muted results, the stock gained ahead of the earnings release, closing 1.16% higher at ₹2,660.00 on May 21. It had opened at ₹2,647.50 and hit a high of ₹2,676.90 during the session.
All eyes will be on the stock’s movement today as investors digest the softer-than-expected financials.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a financial advisor before making any investment decisions.