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Colgate-Palmolive India Ltd is engaged in manufacturing/ trading of toothpaste, tooth powder, toothbrush, mouthwash and personal care products.
Colgate-Palmolive (India) reported robust Q1 sales up 12% and strong PAT at 22.3%, with gross margins maintaining 69.7%. Management is heavily investing in premiumization, a segment growing 6X faster than competitors. Advertising spend, particularly on digital and premium brands, is increasing. This strategy aims for balanced growth driven by volume,...