Colgate result by Taher Badshah,Sr Fund Manager & Co-head equities, Motilal Oswal AMC-PMS
Colgate
Results has been inline with our expectation with 11% volume growth and gaining dominance in terms of market share at 54.5%, colgate has seen improvement in market share in tooth brush and mouthwash as well. Despite infaltionary pressures, margins have remained intact at 21.5%. We expect colgate to deliver strong results with higher market share going forward.
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