The company announced Q3 results after trading hours on Wednesday, 30 January 2013.
Meanwhile, the BSE Sensex was down 33.05 points or 0.17% at 19,971.95.
On BSE, 7,833 shares were traded in the counter as against average daily volume of 19,880 shares in the past one quarter.
The stock hit a high of Rs 1,370 and a low of Rs 1,341.50 so far during the day. The stock had hit a record high of Rs 1580.40 on 1 January 2013. The stock had hit a 52-week low of Rs 983 on 31 January 2012.
The stock had underperformed the market over the past one month till 30 January 2013, sliding 10.18% compared with the Sensex's 2.88% rise. The scrip had also underperformed the market in past one quarter, gaining 7.72% as against Sensex's 8.54% surge.
The large-cap company has equity capital of Rs 13.60 crore. Face value per share is Re 1.
Colgate-Palmolive (India) said that the company achieved volume growth of 9% during the nine-month period April-December 2012 over the same period last year. The toothpaste volume market share has increased to 54.2% during April-December 2012 from 52.4% during April-December 2011. Toothpaste registered a strong volume growth of 10% through the company's flagship brands Colgate Dental Cream, Colgate Active Salt, Colgate Total, and Colgate Max Fresh, Colgate-Palmolive (India) said. With focused efforts and new launches during the year, the toothbrush volume market share increased by 370 basis points to 39.5% during April-December 2012 from 35.8% during April-December 2011. In the mouthwash category, the company registered a volume market share of 26.7% during April-December 2012.
Despite significant inflationary pressures, the company has maintained its gross margin through prudent price increases and cost management efforts, Colgate-Palmolive (India) said. These continuing efforts and focused programs to enhance efficiencies and to reduce costs continue to yield strong, positive results that enabled the company to maintain margin and fund investments in strengthening brand equity and business, Colgate-Palmolive (India) said.
Colgate-Palmolive (India) is India's leading provider of oral care products with multiple benefits at various price points. The range includes toothpastes, toothpowder, toothbrushes and mouthwashes under the 'Colgate' brand, as well as a specialized range of dental therapies under the banner of Colgate Oral Pharmaceuticals. The company also provides a range of personal care products under the 'Palmolive' brand name.
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