Colgate-Palmolive (India) Limited has announced its financial results for the second quarter ended September 30, 2026, reporting a robust 12.2% year-on-year growth in net sales to ₹1,692 crore. The company also declared a First Interim Dividend of ₹24 per share. Key leadership changes were also noted, including the resignation of Mr. Gunjit Jain and the appointment of Mr. Akash Parekh as Executive Vice President – Marketing.
Financial Highlights for Q2 FY27
Colgate-Palmolive (India) Limited has disclosed its financial performance for the second quarter and half-year ended September 30, 2026. For the second quarter, the company reported a significant topline growth of 12.2% compared to the previous year, with net sales reaching ₹1,692 crore. This is an increase from ₹1,507 crore in the corresponding period last year. Net profit after tax for the quarter stood at ₹342 crore, up from ₹328 crore in the prior year. Excluding one-offs and exceptional items, the net profit after tax grew by 5.5% year-on-year.
Dividend Declaration
In a significant move for shareholders, the Board of Directors has declared a First Interim Dividend of ₹24/- per equity share of face value Re. 1/- each for the Financial Year 2026-27. The total dividend payout is estimated at ₹65,277 lakhs. This dividend will be paid on and from November 19, 2026, to those shareholders whose names appear in the Register of Members as of the record date, November 2, 2026.
Key Management Changes
The company also announced several key appointments and resignations. Mr. Gunjit Jain has resigned as the Executive Vice President – Marketing, effective November 30, 2026, to pursue other professional opportunities. Succeeding him, Mr. Akash Parekh has been appointed as the new Executive Vice President – Marketing, effective December 1, 2026. Furthermore, Ms. Ragini Gajaria has been appointed as the Internal Auditor of the Company, effective October 22, 2026, based on the Audit Committee’s recommendation.
Unaudited Financial Results and Review
The Board of Directors approved the Unaudited Financial Results for the second quarter and half-year ended September 30, 2026. These results, along with the Limited Review Report of the Auditors and a statement on the financial results, have been recorded. The financial statements, including the balance sheet as of September 30, 2026, show total assets of ₹3,63,774 lakh and total equity of ₹1,61,764 lakh.
Operational Updates
The company continues to focus on innovation, with initiatives like a Harry Potter™ themed oral care line and a new Bluey-themed toothpaste. The Managing Director & CEO, Mr. Manish Anandani, expressed delight in the consistent double-digit topline growth, attributing it to broad-based momentum across brands and distribution channels. Strategic investments in brand building and premiumisation are also highlighted.
Source: BSE
