Colgate-Palmolive Q2 FY’26 Net Sales Decline Amid GST Disruptions, Dividend Declared

Colgate-Palmolive (India) Limited reported a 6.3% year-over-year decrease in net sales for Q2 FY’26, totaling ₹1,507 Crore, impacted by GST-led disruptions. However, sales grew 6.1% sequentially compared to Q1 FY’26. The company declared a first interim dividend of ₹24 per share. Despite topline headwinds, the company remains committed to long-term strategic goals and brand investments.

Financial Performance Overview

For Q2 FY’26, Colgate-Palmolive (India) Limited announced net sales of ₹1,507 Crore, a 6.3% decrease compared to the ₹1,609 Crore reported in the same period last year. However, this represents a 6.1% sequential increase from the ₹1,421 Crore in Q1 FY’26. Net profit after tax for the quarter was ₹328 Crore, compared to ₹395 Crore in the previous year. Excluding a one-time impact from interest on a tax refund in the base year, profit decreased by 7.2%.

Dividend Announcement

The Board declared a first interim dividend of ₹24 per equity share for the financial year 2025-26. The total dividend payout will be ₹652.8 Crore and will be paid starting November 19, 2025, to shareholders listed on the Register of Members/Beneficial Owners as of November 03, 2025.

Management Commentary

Ms. Prabha Narasimhan, Managing Director & CEO, stated that the company welcomed the reduction of GST rates on the oral care portfolio from 18% to 5%, seeing it as a boost to consumer confidence. She also acknowledged transitory disruptions at distributors and retailers due to the GST rate revision.

Strategic Focus

Despite short-term challenges, Colgate-Palmolive remains focused on its long-term strategic goals and prioritizing brand investments. The premium portfolio continues to show strong growth, particularly led by Colgate Visible White Purple toothpaste. The company also introduced the Palmolive Moments body wash range in Q2.

Leadership Transition

Mr. Jaikishan Shah has been appointed as the Compliance Officer of the Company, effective October 28, 2025, following the cessation of Mr. Surender Sharma as Whole-time Director – Legal & Company Secretary & Compliance Officer on October 27, 2025.

Source: BSE

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