- Colgate India’s net income for the second quarter was 3.95 billion rupees, marking a 16% increase compared to the previous year, aligning with the estimated 3.98 billion rupees.
- The company’s revenue reached 16.1 billion rupees, a 10% year-on-year increase, slightly below the projected 16.34 billion rupees.
- Total costs experienced a rise of 13% from the previous year, amounting to 11.6 billion rupees.
- Other income significantly increased to 759.8 million rupees, compared to 210 million rupees from last year.
- A dividend of 24 rupees per share was declared for the period.
- Colgate India shares dropped by 3.4%, closing at 3,217 rupees with a trading volume of 266,051 shares.
- The stock received 8 buy recommendations, 14 hold recommendations, and 13 sell recommendations from analysts.
A look at Colgate Palmolive (India) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Colgate Palmolive (India) is positioned for long-term success, according to Smartkarma Smart Scores. With a top-notch Dividend score of 5 and strong Resilience rating of 5, the company is well-regarded for its ability to provide stable returns to investors and withstand market challenges. This indicates a positive outlook for Colgate Palmolive (India) in terms of generating consistent dividends and navigating through economic uncertainties. Additionally, the company also scores well on Momentum at 4, suggesting a favorable trend in its stock performance.
While the Value score stands at 2 and Growth at 3, indicating room for improvement in these areas, the overall outlook for Colgate Palmolive (India) appears promising. The company’s focus on manufacturing consumer products in the oral care and body care segment, including toothpaste, soaps, cosmetics, and shaving brushes, positions it well for continued growth and market presence in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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