Colgate-Palmolive (India) Reports Flat Performance for Q1 FY25, PAT Shows Positive Growth

Jul 29 2024 08:00 PM IST
share
Share Via
Colgate-Palmolive (India) has reported a flat performance for the quarter ending June 2024, with a score of 5 out of 10. However, the company's PAT for the half-yearly period has shown a growth of 22.79% year on year, while Net Sales for the quarter have reached a five-quarter high. MarketsMojo has given a 'Hold' call for the stock.

Colgate-Palmolive (India), a leading FMCG company, has recently announced its financial results for the quarter ending June 2024. The company has reported a flat performance for the quarter, with a score of 5 out of 10, which is a decrease from the previous quarter.

Despite this, there are some positive aspects to the financial results. The company’s Profit After Tax (PAT) for the half-yearly period has shown a growth of 22.79% year on year, indicating a positive trend in the near term. Additionally, the company’s Net Sales for the quarter have reached a five-quarter high of Rs 1,496.71 crore, showing a positive trend in the near term.


On the other hand, there are some areas that need improvement. The company’s Dividend Payout Ratio (DPR) for the last five years has been the lowest at 88.36%, indicating that the company is distributing a lower proportion of its profits as dividends. Furthermore, the Non-Operating Income for the quarter has reached a five-quarter high of Rs 23.40 crore, which may not be sustainable in the long run.


Despite these mixed results, MarketsMOJO has given a ‘Hold’ call for Colgate-Palmolive’s stock. Investors should carefully consider these financial results before making any investment decisions.


{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News