Total operating revenue growth stood at just almost 1% year-on-year (y-o-y) to ₹1,291 crore. The company has not disclosed data on volume performance. However, analysts estimate volume to have dropped by 2-3% y-o-y in Q3. "For the fourth quarter in a row, Colgate reported a volume decline and outcome was weaker-than-expected," said a Jefferies India report dated 24 January.
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