Story thread · 2 reports / 2 sources

Colgate may get costlier as inflation returns

economictimes.indiatimes.com · 3hShare

Colgate-Palmolive India may raise product prices further in the coming quarters as the company looks to protect margins from rising commodity costs linked to the West Asia conflict, according to a report by The Times of India.The company said inflation remains a concern even as it continues to protect price-sensitive consumers. It had increased grammage in smaller packs last year to pass on the benefits of the GST reduction and has retained those additions, CEO and MD Prabha Narasimhan said during the company’s annual investor day call, as reported by TOI.“We have ring-fenced the most vulnerable consumers,” Narasimhan said.Also Read: Bombay Shaving to handle D2C biz for Colgate IndiaThe company has also retained the higher grammage in its Rs 10 and Rs 20 packs, which Narasimhan said offer “fantastic value” to consumers. Colgate-Palmolive India has taken low single-digit price increases in recent quarters.Premium products drive growthWhile managing input costs, Colgate-Palmolive India i

First report: Colgate-Palmolive director John T. Cahill sells $389k in stock — investing.com, 1d