Colgate-Palmolive (CLGT) posted net sales growth of 8.9% YoY (est. of 9.5%) to INR10.1b (Ind-AS). Adjusting for excise impact YoY, organic sales growth was 12.5% YoY, led by 6% volume growth, including exports and 5% domestic volume growth (est. of +4.5%; highest in the past five quarters), selective price increases and product mix changes. EBITDA was up 3.7% YoY (est. of +19.6%) to INR2.11b, mainly because of higher A&P; YoY, while Adj. PAT was up 1.3% YoY (est. of +20.8% YoY) to INR1.26b. Toothpaste market share improved 60bp sequentially to 55.9%, while...