Colgate-Palmolive | Business Upturn

Colgate Palmolive partners with Mumbai Indians to enhance dental health

Business Desk — Fri, 27 Mar 2026 10:15:53 +0000

Colgate Palmolive has announced a strategic partnership with Mumbai Indians, becoming their Dental Performance Partner for the 2026 season. This collaboration aims to prioritise oral health as a crucial component of athletic preparation.

Central to this partnership is the introduction of the PLOT (Performance Linked Oral Test) initiative by Colgate Total. This comprehensive oral health screening framework is designed to proactively assess and maintain peak dental health for players, integrating dental health into the team’s performance strategy. This initiative recognises the importance of systemic wellness in enhancing a player’s endurance and recovery on the field.

Scientific research underscores the significance of oral health, noting that germs in the mouth can enter the body, causing inflammation that hampers recovery and affects athletic performance. The PLOT initiative, led by Dr. Moez Khakiani, involves comprehensive dental screenings using advanced intraoral scanning technology and WHO-based oral health assessments to evaluate and address any potential oral health issues that could impact players’ overall fitness.

Colgate Total, known for its powerful and patented formula, supports this initiative by offering a toothpaste that is three times more effective at combating germ build-up, the root cause of most dental problems. Gunjit Jain, EVP of Marketing at Colgate-Palmolive India, emphasised the role of oral health as the ‘hidden edge’ in sports, stating that the partnership with Mumbai Indians aims to make this aspect mainstream.

Ben Langley, Head of Sports Science & Medicine at Mumbai Indians, highlighted the importance of marginal gains in elite sports, noting that oral germs can trigger systemic inflammation affecting musculoskeletal recovery and cardiovascular efficiency. The partnership with Colgate Total allows the team to adopt a science-led, preventive approach to player health, ensuring optimal performance throughout the high-intensity season.

With this collaboration, Colgate Total reinforces the belief that peak performance begins with prevention.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Top stocks to watch today, October 24: Colgate-Palmolive, NTPC Green, Kaynes Tech, Hero MotoCorp, Tata Elxsi and more

Aman Shukla — Fri, 24 Oct 2025 02:57:30 +0000

Indian stock markets are likely to see stock-specific action on Friday, October 24, as several listed companies have issued fresh updates, orders, and announcements that could influence trading sentiment. Here’s a look at the major stocks expected to be in focus during today’s session.

Top Stocks to Watch Today

ARSS Infra: Secured multiple orders worth ₹164 crore from Shivam Condev.
Hero MotoCorp: Entered the UK market through a partnership with MotoGB, marking presence in 51 countries.
Cochin Shipyard, Mazdock, BEML, GRSE, BDL: Defence Acquisition Council approved projects worth ₹79,000 crore to boost armed forces capabilities.
Cipla: Will market its second tirzepatide brand ‘Yurpeak’ in India.
Highway Infrastructure: Received a Letter of Award from NHAI worth ₹11.76 crore for toll operations.
Biocon: Subsidiary Biocon Biologics got Canadian regulatory approval for its immunology biosimilar ‘Yesintek’.
SBI: Recognized as World’s Best Consumer Bank 2025 and Best Bank in India 2025 by Global Finance, New York.
Zaggle: Entered an agreement with Megha City Gas Distribution Private Limited.
Insolation Energy: Board approved migration from BSE SME to BSE main board and direct listing on NSE.
Tata Elxsi: Partnered with e2E Rail to co-develop ‘Kavach 4.0’.
Hexaware: Appointed Eravi Gopan as President & Global Head – High Tech, Products & Platforms.
Sagar Cement: Reported revenue of ₹602 crore vs ₹475 crore YoY; EBITDA rose to ₹51.3 crore from ₹19.9 crore.
NTPC Green: Began commercial operations of 9.9 MW from its 92.4 MW wind project in Bhuj, raising total installed capacity to 7,563.57 MW.
EPack Prefab: Bofa Securities Europe bought 5.6 lakh shares at ₹233.82 each.
Tourism Finance Corp: Unity Associates acquired 24.06 lakh shares at ₹71.08 each.
Popular Vehicles: CRISIL reaffirmed its ratings for the company.
Aptus Value: Received request from Westbridge Crossover Fund to reclassify its status from ‘Promoter Group’ to ‘Public’.
Syrma SGS: Acquired KSolare Energy Private Limited, a solar inverter manufacturer.
Colgate-Palmolive: Declared first interim dividend of ₹24 per share for FY25-26.
GTV Engineering: Promoter Mahesh Agrawal sold 5.5 lakh shares on October 20, 2025.
Premier Energies: Acquiring 51% stake in KSolare Energy for ₹86.7 crore.
Colgate-Palmolive: Reported net profit of ₹327.5 crore vs ₹395.1 crore YoY; revenue down to ₹1,519.5 crore from ₹1,619 crore.
Bharat Forge: Issued clarification on media reports regarding a ₹2,770 crore order from the Indian Army.
Kaynes Tech: Subsidiary Kaynes Holding Pte Ltd signed a share purchase agreement with Frauscher Sensor Technology Group GmbH.
Syngene: Confirmed expansion of its Biologics facility with new ADC bioconjugation capability as part of ongoing operations.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Colgate-Palmolive Q3 FY25 results: Revenue rise 4.7% to Rs 1,452 crore, net profit down 2.3% at Rs 322.8

Matrika Shukla — Tue, 28 Jan 2025 10:32:55 +0000

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.

Colgate-Palmolive launches exciting new range of MaxFresh toothpaste

Aman Shukla — Mon, 23 Dec 2024 07:37:46 +0000

Colgate-Palmolive (India) Limited, the leader in oral care, launched an exciting new range of MaxFresh toothpaste. This innovative line combines refreshing power with playful flavors and aesthetics, setting a new benchmark in oral hygiene.

For the first time, the MaxFresh range features heart-shaped cooling crystals, offering a visually captivating experience. Enhanced with the brand’s proprietary Ultrafreeze Technology, it promises up to 10X longer-lasting cooling and unmatched freshness, ensuring an invigorating start to your day.

Designed to resonate with modern consumers, the toothpaste is packaged in transparent tubes with vibrant colors, perfectly complementing its unique crystals. The range introduces two new flavors:

Watermelon Blast: A fruity, refreshing watermelon infusion.
Rainbow Fresh: A cool-menthol spearmint blend with colorful crystals inspired by rainbows.

Both flavors elevate the brushing experience, offering unparalleled freshness and fun.

Available nationwide, the new MaxFresh range can be purchased on leading e-commerce and quick-commerce platforms. Each 100g pack, priced at INR 169, combines vibrant packaging with a premium brushing experience.

Colgate launches Oral Health Movement to empower millions of indians with AI-powered dental screening

Matrika Shukla — Mon, 18 Nov 2024 13:20:52 +0000

Colgate-Palmolive (India) Limited, a leader in oral care, has announced the launch of its transformative Oral Health Movement aimed at improving the oral health of millions of Indians. This AI-powered initiative, developed in partnership with Logy.AI, leverages technology to raise awareness and provide accessible dental care solutions to people across India.

The core of the initiative is an AI-enabled dental screening tool that allows users to receive an instant dental health report via WhatsApp. To use the service, participants simply scan a QR code on Colgate product packs, dial a number, or upload images of their mouths to receive a free screening. Available in nine Indian languages, this tool makes dental care accessible to a wide audience.

In collaboration with the Indian Dental Association (IDA), which has a network of 50,000 dentists, Colgate will offer free dentist consultations post-screening to ensure that users can take appropriate action based on their dental health report.

The Oral Health Movement is designed to address the urgent need for dental care awareness in India, where 90% of people suffer from oral health issues, and a significant portion of the population does not visit a dentist regularly. The campaign will also involve retail stores, educational institutions, housing societies, and corporates across multiple cities.

Prabha Narasimhan, Managing Director & CEO of Colgate-Palmolive (India) Limited, expressed, “Through our AI-powered Oral Health Movement, we are democratizing access to dental care and empowering millions of Indians to prioritize their oral health, improving their overall well-being.”

This initiative follows Colgate’s long-standing commitment to oral health education, with its flagship program, Colgate Bright Smiles, Bright Futures® (BSBF), having already reached over 180 million school children in India. The Oral Health Movement will build on this foundation, aiming to have a far-reaching impact on oral health awareness across the nation.

In addition to the dental screenings, Colgate has launched a mass media campaign on television and digital platforms to encourage people to take advantage of the screenings, backed by influencer partnerships and on-the-ground activations to further amplify the movement’s reach.

Colgate Palmolive’s market cap rises by Rs 1,607.97 crore – Know More

Aditya Bhagchandani — Mon, 18 Nov 2024 06:46:01 +0000

Shares of Colgate Palmolive (India) Limited surged 2.18% today, closing at ₹2,767.90 from the previous close of ₹2,708.95. This rise increased the company’s market capitalization by Rs 1,607.97 crore, bringing it to Rs 75,236.67 crore.

Additional Trading and Price Information

Traded Volume: 2.19 lakh shares
Traded Value: ₹60.10 crore
52-Week High: ₹3,890.00 (30-Sep-2024)
52-Week Low: ₹2,113.80 (15-Nov-2023)
Index: NIFTY MIDCAP 50
Basic Industry: Personal Care

This upward movement reflects positive investor sentiment surrounding the stock.

Colgate-Palmolive India Q2 FY2025 Results: Net profit jumps 16.2% YoY to ₹395.1 crore

Aditya Bhagchandani — Thu, 24 Oct 2024 07:07:48 +0000

Colgate-Palmolive (India) Limited announced its financial results for the second quarter of FY2025, reporting impressive growth across multiple performance metrics.

Net Sales:
Colgate-Palmolive (India) Limited achieved a 10% year-on-year (YoY) increase in net sales for the quarter ending September 30, 2024. Domestic revenues rose by 10.5%, bringing total net sales to ₹1,609.2 crore, compared to ₹1,462.4 crore in Q2 FY2024. This growth was attributed to the strong performance of its entire product portfolio.

Profitability:
The company reported a net profit after tax (PAT) of ₹395.1 crore for Q2 FY2025, a 16.2% increase compared to ₹340.1 crore in the same quarter last year. This result included a one-off tax credit from income tax refunds during the quarter. Additionally, the company’s advertising spend increased by 17.8% YoY, supporting both brand and category development initiatives.

Ms. Prabha Narasimhan, Managing Director & CEO of Colgate-Palmolive (India), expressed satisfaction with the company’s consistent performance, citing broad-based growth across core brands such as Colgate Maxfresh and Colgate Strong Teeth. Toothbrushes also experienced double-digit growth, driven by increased premiumisation.

Innovation and Brand Development:
The quarter saw the launch of Colgate Visible White Purple, a whitening toothpaste based on colour theory, which received a positive response. Additionally, Colgate Total was supported by new communication, while Colgate Strong Teeth focused on addressing calcium loss due to snacking, helping the product build its calcium-boosting credentials.

CSR Initiatives:
Colgate’s Bright Smiles, Bright Futures® program reached new milestones, impacting over two crore children in Uttar Pradesh and two lakh children in Goa through partnerships with local governments.

Dividend:
The company declared a first interim dividend of ₹24 per equity share for FY2025. The total dividend payout is expected to be ₹653 crore, payable on or after November 21, 2024.

With a solid focus on innovation, category development, and a robust P&L, Colgate-Palmolive (India) Limited is well-positioned for continued success in the Indian oral care market.

Colgate shares surge 6% to hit fresh record high, brokerages increase target price post Q1 results

Markets Desk — Tue, 30 Jul 2024 05:07:04 +0000

Colgate shares surged over 6% in trade to hit a fresh record high of Rs 3,413.75 after the company’s Q1 net profit surged 33% to Rs 364 crore from Rs 273.3 crore. Brokerages too turned bullish on the Colgate stock post its Q1 results and raised the target price for the shares.

CLSA upgraded Colgate to hold and raised the target price to Rs 3,157. They noted that Q1 sales were 3% above estimates and EBITDA was 2% above expectations. Toothpaste volume growth of high single digits surpassed the estimate of around 6%. CLSA highlighted that Colgate’s sales growth was driven by investments in superior product development, brand building, and innovation, with rural areas growing faster than urban for the second consecutive quarter.

BoFA Securities upgraded Colgate to underperform with a target price of Rs 3,175, noting that Q1 results were ahead of expectations. They suggested that the margin trajectory could normalize and that the medium-term upside potential was already priced in. BoFA observed that while Q1 performance was strong even last year, growth rates normalized subsequently.

Nomura maintained a sell rating with a target price of Rs 2,800. They acknowledged an all-round beat with Q1 volume growth of 6-7% versus an estimate of around 2%. Strong gross profit margin and operating profit margin expansion drove 22% EBITDA growth. Nomura increased FY25F/26F/27F EPS by 4.0%/2.8%/1.6% to account for the Q1 beat but expressed concerns over the risk-reward ratio, citing a moderate EPS growth phase of 10% CAGR over FY24-27F compared to 26% year-on-year growth in FY24 on rich valuations.

Jefferies maintained a buy rating and raised the target price to Rs 3,570. They attributed Colgate’s impressive revenue growth and high-single-digit volume growth in Q1 to a combination of macro factors, such as a pick-up in rural markets and strong execution. Higher than expected gross margins and operating leverage benefits led to earnings well ahead of estimates, prompting Jefferies to upgrade earnings estimates for the third consecutive quarter.

HSBC rated Colgate as a hold with a target price of Rs 3,000. They noted that the stock’s impressive run-up was likely due to revenue growth, margin reset, and increased market defensiveness. Q1 results stood out with high-single-digit volume growth and significant beats on revenue and profits, but HSBC sees limited upside due to rich valuations.

Top FMCG stocks in India: Market Cap, PE Ratio, Returns and Income

Arunika Jain — Tue, 14 May 2024 10:25:45 +0000

The Fast-Moving Consumer Goods (FMCG) sector in India has emerged as a significant contributor to the country’s economic growth, driven by a burgeoning population, rising disposable incomes, and evolving consumer preferences. This dynamic industry encompasses a diverse range of companies, from established multinational giants to homegrown enterprises, catering to the ever-increasing demand for consumer goods across the nation.

Analyzing the Top FMCG Stocks in India

ITC Ltd: Diversified Conglomerate with a Strong FMCG Presence

Key Metrics	ITC Ltd
Market Cap	Rs. 5,36,343.63 crores
Close Price	Rs. 429.60
PE Ratio	26.03
Total Income (31-Dec-2023)	18,787.19 crores

ITC Ltd, a diversified conglomerate, has established a formidable presence in the FMCG sector through its range of popular brands. With a market capitalization of Rs. 5,36,343.63 crores and a net profit of Rs. 5,572.07 crores in the result (31-Dec-2023) , ITC Ltd demonstrates its dominance in the industry.

HUL (Hindustan Unilever Ltd): A Global Giant’s Indian Stronghold

Key Metrics	HUL (Hindustan Unilever Ltd)
Market Cap	Rs. 5,52,388.91 crores
Close Price	Rs. 2,351.00
PE Ratio	53.95
Total Income (31-March-2024)	15,077.00 crores

Hindustan Unilever Ltd (HUL), a subsidiary of the global conglomerate Unilever, has firmly established itself as a leading FMCG player in India. With a staggering market capitalization of Rs. 15,077.00 crores as result declared on 31-March-2024, HUL has consistently delivered strong financial performance, backed by its diverse product portfolio and brand recognition.

Britannia Industries Ltd: A Household Name in Baked Goods

Key Metrics	Britannia Industries Ltd
Market Cap	Rs. 1,23,662.99 crores
Close Price	Rs. 5,134.05
PE Ratio	57.76
Total Income (31-Mar-2024)	3,979.40 crores

Britannia Industries Ltd, a renowned name in the baked goods segment, has carved a niche for itself in the Indian FMCG market. With a market capitalization of Rs. 1,23,662.99 crores, the company has demonstrated its prowess in the consumer goods sector, backed by its latest quarterly net profit/loss of Rs. 530.15 crores (Result on 31-Mar-2024).

Other Notable FMCG Players

Company	Market Cap	Close Price	PE Ratio	Total Income
Dabur India Ltd	Rs. 98,224.13 crores	Rs. 554.30	53.82	2,153.64 crores (31-Mar-2024)
Marico Ltd	Rs. 77,646.11 crores	Rs. 600.00	51.53	1,665.00 crores (31-Mar-2024)
Colgate-Palmolive (India) Ltd	Rs. 76,645.55 crores	Rs. 2818.00	60.97	1,413.54 crores (31-Dec-2023)
Emami Ltd	Rs. 22,466.66 crores	Rs. 514.70	31.18	838.24 crores (31-Dec-2023)
Godrej Consumer Products Ltd	Rs. 1,33,339.97 crores	Rs. 1303.65	73.02	2,094.16 crores (31-Mar-2024)
Procter & Gamble Hygiene and Health Care Ltd	Rs. 51,060.74 crores	Rs. 15730.00	68.46	1,015.76 crores (31-Mar-2024)
Bajaj Consumer Care Ltd	Rs. 3,374.22 crores	Rs. 236.30	21.97	247.58 crores (31-Mar-2024)

The FMCG sector in India is home to a diverse range of companies, including multinational giants and homegrown enterprises. Companies like Dabur India Ltd, Marico Ltd, Colgate-Palmolive (India) Ltd, Emami Ltd, Godrej Consumer Products Ltd, Procter & Gamble Hygiene and Health Care Ltd, and Bajaj Consumer Care Ltd have carved their niche in various segments of the consumer goods market, offering investors a multitude of investment opportunities.

As the FMCG sector in India continues to thrive, driven by a growing population, rising disposable incomes, and evolving consumer preferences, investors have a plethora of options to explore. From established multinational giants to homegrown enterprises, the sector offers a diverse range of stocks with varying market capitalizations, financial performances, and growth trajectories. However, it is crucial for investors to conduct thorough research, analyze key financial indicators, and consider factors such as market trends, consumer preferences, and competitive landscapes before making informed investment decisions in the FMCG sector.

Note: All the data for market capitalization, share prices, and financial metrics mentioned in this article is taken from NSEindia.com and is accurate as of the time of writing this article.

Disclaimer: The information provided in this article is for general informational purposes only and should not be construed as financial advice. Before making any investment decisions, it is essential to consult with a qualified financial advisor and thoroughly review the terms, conditions, and policies of the respective companies. The data and figures presented are subject to change and should be verified from official sources.

Colgate India Q2 Results: Net profit rises by 22.31% to Rs 340.05 crore

Vanshika Lodhi — Thu, 26 Oct 2023 11:47:24 +0000

Colgate-Palmolive (India) Limited, the market leader in oral care in the country, has reported a significant increase in its net profit for the second quarter (Q2) of the fiscal year. The company’s net profit rose by 22.31% to Rs 340.05 crore, compared to the same period last year.

This robust growth in net profit is a testament to the company’s strong operational performance and effective cost management strategies. The increase in net profit also reflects the higher volume of sales and improved operational efficiencies.

Colgate India also reported a 6.09% increase in its revenue for Q2. The strong demand for the company’s oral care products in the domestic market primarily drives this growth in revenue.

The impressive Q2 results highlight Colgate India’s strong market position and its ability to deliver solid financial performance despite the challenging market conditions. The company’s focus on innovation, coupled with its deep understanding of consumer needs, has enabled it to stay ahead of the competition and deliver consistent growth.

Colgate India’s strong Q2 results are expected to boost investor confidence and could potentially lead to an increase in its share price. The company’s management has expressed optimism about sustaining this growth momentum in the coming quarters.

Colgate India’s Q2 results reflect its strong operational performance and strategic initiatives that have enabled it to deliver solid financial results. The company remains committed to driving growth and delivering value to its shareholders.

Colgate Q4 FY23 earnings: net sales rise by 3.7% to Rs. 1,341 crore; Check out other market highlights

News Desk — Fri, 12 May 2023 14:11:46 +0000

Colgate-Palmolive, a multinational FMCG firm, released the results of its fourth quarter operations for the financial year 2023 (FY23) on Friday.

The firm reported that its net sales for the quarter ended at Rs. 1,341.7 crore, which is an increase of 3.7% from Rs. 1293.35 crore reported for the same time the previous year. The profit after tax for the quarter came in at Rs. 316.2 crore, representing a decrease of 2.28% year over year in contrast to the reported net profit of Rs. 323.6 crore for the same period the previous year. The rise in domestic sales that the business recorded for Q4FY23 was 5.4%.

“The Board of Directors has announced an Rs. 21/- Second Interim Dividend for the Financial Year 2022-23, which will be paid out on shares with a face value of Re 1 apiece. Those shareholders who had their names listed on the Register of Members of the Company as of May 20, 2023, would be eligible to receive the dividend payment of Rs. 571.17 crore, which will be paid on or after June 8, 2023. According to a filing with the stock market, Colgate-Palmolive (India) said that the Total Dividend will be Rs. 39/- per share for the year 2022-23.

“We are satisfied with the sequential progress that has been made as well as the results of the quarter. The company has generated domestic growth of 5.4%, with toothpaste producing high single-digit growth despite ongoing slow demand patterns in the category as a whole, particularly in rural areas, but the company has nonetheless managed to deliver domestic growth of 5.4% overall. Our aim to boost consumption, innovation centered on offering high-quality science-led goods, and premiumization have all been driving forces behind this development. According to Ms. Prabha Narasimhan, the company’s Managing Director and Chief Executive Officer, “We remain fairly optimistic that the overall category growth will improve in the coming quarters.”

“Continuing its emphasis on creating healthy oral care habits in India, the country’s largest toothpaste brand, “Colgate Strong Teeth,” is being relaunched in an upgraded formula with unique, best-in-class, arginine technology. This is part of the company’s commitment to “Colgate’s commitment to building healthy oral care habits in India.” The formulation of Colgate Strong Teeth contains arginine and fluoride, both of which contribute to a 2X acceleration of the process of returning the natural calcium that is found in saliva to the teeth. According to Prabha Narasimhan, this leads to nourished teeth that are 2 times stronger, and as a consequence, the phrase “Paste Hi Nahi, Poshan Hai Ye.”

Colgate Palmolive (India) shares ended the day on the National Stock Exchange (NSE) trading at 1,621 rupees each, a decrease of 0.32% from their previous closing price of 1,626.15 rupees.

HUL & Colgate-Palmolive yet to respond on margins with B2B entities: AICPDF

News Desk — Wed, 29 Dec 2021 06:39:35 +0000

The distribution federation body All India Consumer Products Distributors Federation (AICPDF) has said that consumer and personal care behemoth Hindustan Unilever Limited and Colgate-Palmolive are yet to respond on margins given to its distributors with business-to-business entities.

Around 25 FMCG companies have so far responded to the trade body’s demand to offer equal margins to them and B2B platforms said Federation’s President Dhairyashil Patil. He further added Hindustan Unilever Limited and Colgate-Palmolive are two companies that haven’t reached out to us for further discussions.

The trade body said they are not satisfied with the company’s answers. Distributors have been at war with FMCG companies since the start of December this year over the margins offered to wholesale platforms such as Udaan, Walmart’s Best Price and Metro Cash & Carry.

According to the federation, it represents about 4 lakh distributors and stockists across the country, the FMCG companies gave better discounts and margins to these emerging platforms which in turn eat into their business. The margins were initially good but since the pandemic has started, these companies have depended more on these platforms.

The distribution federation also said that if the FMCG companies had to stop launching new products and stocking goods that are sold to the new platforms at higher margins if they don’t comply with their conditions and demands.

Q2 FY2021 Results: Colgate records profit of Rs 274 crore, 12% growth YoY

Chittesh Dalmia — Wed, 21 Oct 2020 09:16:07 +0000

Colgate-palmolive India ltd on Wednesday announced its Q2 FY2021 results. The company reported a net profit of Rs 274.19 crore for the September quarter, a 12% growth YoY. It had posted a profit of Rs 244.11 crore in the corresponding quarter previous year.

The FMCG company posted a total income of Rs 1,293.05 crore during the Q2 FY2021 period as compared to Rs 1,230.43 crore during the FY2020 period. In the previous quarter, it posted Rs 1,046.90 crore revenue.

The Mumbai based company has reported diluted Earnings per Share (EPS) of Rs 10.08 for the period. It had posted EPS of Rs 7.29 for the previous Q1 June period.

Colgate stated, “The Board declared a First Interim Dividend for the Financial Year 2020-21 of Rs.18 pershare of Re 1 each (face value). The dividend payout to the shareholders will be Rs. 489.6 Crore and will be paid on and from November 17, 2020 to those shareholders whose names are on the Register of Members of the Company as on November 2, 2020.”

Colgate-Palmolive fixes November 2 as date for declaration of interim dividend

Chittesh Dalmia — Tue, 13 Oct 2020 10:14:24 +0000

Colgate-Palmolive (India) Ltd. announced on Tuesday that it has fixed the date of declaration of interim dividend as November 2, 2020. It has also scheduled its Board meeting on October 21 to approve the Q2 FY2021 results.

The Mumbai based company stated in its BSE regulatory filing. “This is to inform you that a Meeting of the Board of Directors of the Company will be held on Wednesday, October 21, 2020, inter alia, to consider, approve and take on record the Unaudited Financial Results for the quarter ended September 30, 2020 and to consider the declaration of interim dividend (if any). Further, the Company has fixed Monday, November 02, 2020 as the Record Date for the payment of aforesaid dividend that may be declared by the Board of Directors at the said meeting.”

“The notice has been issued pursuant to Regulation 29(1) (a) & 29(2) of the Listing Regulations. Please note that as informed in our letter dated September 23, 2020, the Trading Window has been closed from Thursday, September 24, 2020 and the said window shall open 48 hours after the outcome of the aforesaid meeting is made public.”

People have always been, & always will be, at the heart of our success. Thanks Tatiana for sharing how we're transforming our supply chain and empowering the next gen of supply chain leaders at last month's "Women Leading Supply Chain Transformation" panel hosted by @The_C_G_E. pic.twitter.com/nkD2Psxyq2

— Colgate-Palmolive (@CP_News) October 12, 2020