Client items main Colgate-Palmolive India on Monday reported a 54.1 per cent improve in its internet revenue to Rs 314.6 crore in This fall versus a 12 months in the past, helped by a low base and all-round development throughout classes. Its internet gross sales had been up 20.2 per cent YoY to Rs 1,275.01 crore in This fall, versus Rs 1,062.35 crore within the year-ago interval.
Ram Raghavan, managing director at Colgate-Palmolive (India), mentioned the corporate continued to witness sturdy momentum throughout segments.
“Our targeted strategy to executing our strategic initiatives has been instrumental in our continued skills to maintain our development momentum versus 12 months in the past in addition to on a sequential foundation,” he mentioned.
Shares of Colgate-Palmolive India closed commerce at Rs 1,596 apiece on the BSE on Monday, up 1.84 per cent over the day past’s shut.
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