FMCG major Colgate-Palmolive India Ltd on Tuesday reported a decline of 11.9% in its net profit at ₹320.62 crore for the first quarter ended June 2025 on account of subdued urban demand and elevated competition intensity.
The company had posted a net profit of ₹363.98 crore in the April-June quarter a year ago, Colgate-Palmolive India Ltd (CPIL) said in a regulatory filing.
Its sales were down 4.38% to ₹1,420.64 crore during the quarter under review. It was at ₹1,485.76 crore in the corresponding period a year ago.
“Our Q1 results reflect persistent headwinds from tough operating conditions on account of subdued urban demand and elevated competition intensity. The current quarter performance is also influenced by cycling a high base from the previous year," said CPIL Managing Director & CEO Prabha Narasimhan.
Total expenses of CPIL in the June quarter were down 1% to ₹1,020.05 crore.
CPIL's total income, including other income, was ₹1,452 crore, down 4.48% in the June quarter.
"We continued to work towards execution of our strategic priorities. We have made good strides in category premiumisation, with our premium portfolio delivering strong revenue growth," she said, adding, CPIL expect to navigate the current challenges and anticipate a gradual recovery in the back half of the year.
Shares of Colgate-Palmolive India Ltd on Tuesday were trading at ₹2,375.60 on BSE in the second half, down 0.71%
