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Earnings

Colgate Palmolive Q3 earnings: Net profit likely to grow by 7%

Updated : January 30, 2020 09:17 AM IST

Colgate Palmolive is all set to declare its third-quarter results on Thursday and the street is expecting a better performance than the previous few quarters'.

Here are the key expectations:
  • A revenue growth of 5 percent is expected at Rs 1,154 crore.
  • The EBITDA is likely to grow at just 2 percent as a lot of the company’s money is spent on advertising.
  • The margins are likely to dip by about 100 basis points.
  • The net profit is likely to grow by 6.5-7 percent to Rs 205 crore as the company will get the benefit of tax cut announced by the finance minister.
  • The toothpaste volume growth is likely to come between 4 percent and 5 percent.
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