Colgate Annual Report Analysis - Multiple Growth Levers Ahead: Dolat Capital
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Dolat Capital Report
Despite a challenging business and competitive environment in FY21, Colgate-Palmolive India Ltd. delivered 7%/27% increase in net revenue/net profit respectively and continues to sustain the leadership position both, in the toothpaste and toothbrush categories.
Amid uncertain business scenario, the company is well prepared to meet challenges ahead due to its strong financial position, continuous investment behind brands, innovative launches, strong brand equity, deepening distribution reach, rural focused initiatives and cost-saving measures.
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