News > Colgate-Palmolive shares hit life high after Q1 profit beats estimates
Colgate-Palmolive shares hit life high after Q1 profit beats estimates
30/07/2024 11:17 AM | Click to read full article
The net profit of the namesake toothpaste-maker increased 33% over the previous year to Rs 364 crore in the April-June quarter, according to an exchange filing. Colgate-Palmolive also reported a high-single digit volume growth in their toothpaste line. Along with this, good all-round performance in toothpaste, toothbrush and personal care segments led 12.8% growth in domestic revenue annually during the quarter under review, the company said.