Colgate-Palmolive reports 9-month Net Sales of Rs. 2,932.8 crore
Its Earnings Per Share of Rs. 29.07 is an increase of 12% over the same period of the previous year excluding exceptional item relating to the slump sale of Global Shared Services Organisation to Colgate Global Business Services Private Limited, a 100% subsidiary of Colgate-Palmolive Company, USA in the previous year.
3Q 2014-15 : The Company reported Net Sales of Rs. 988.6 crore for the third quarter of the financial year 2014-15, a 12% increase over the same quarter of the previous year and Net Profit After Tax of Rs. 130.9 crore with Earnings Per Share of Rs. 9.62, an increase of 16% over the same quarter of the previous year.
Colgate has been ranked India’s #1 Most Trusted Brand across all categories by Brand Equity’s Most Trusted Brand Survey for the 4th year in a row and is the only brand to feature in the top three since inception of the survey in 2001.
Colgate was also ranked #1 Most Chosen Consumer Brand in India for the third consecutive year by Global Consumer Knowledge and Insights firm, Kantar Worldpanel’s Brand Footprint report.
The Company posted a strong volume growth of 5% for the quarter on Toothpaste and continued to enhance its leadership position in Toothpaste category by registering a volume market share of 56.7% for the period Jan’14-Dec’14, an increase of 80 basis points over the same period of the previous year. The flagship brands “Colgate Dental Cream”, “Active Salt”, “Max Fresh” and “Colgate Total” and “Visible White” have contributed to this growth.
The Company further strengthened its leadership position in the Toothbrush category by registering a volume market share of 42.4% for Jan’14-Dec’14, an increase of 80 basis points over the same period of the previous year.
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