Colgate-Palmolive (India) Limited has declared a First Interim Dividend of ₹24 per equity share for the financial year 2026-27. This declaration comes alongside the announcement of the company’s unaudited financial results for the second quarter and half year ended September 30, 2026. The company reported a robust topline growth and a net profit after tax that also saw an increase year-on-year.
Interim Dividend and Financial Highlights
Colgate-Palmolive (India) Limited announced a significant financial update, including the declaration of its First Interim Dividend of ₹24 per equity share. This dividend is for the financial year 2026-27 and is set to be paid from November 19, 2026, to shareholders recorded by November 2, 2026. The total payout for this dividend amounts to approximately ₹65,277 Lakhs.
Second Quarter Performance
The company’s Board of Directors approved the unaudited financial results for the second quarter and half year ended September 30, 2026. The results indicate a strong performance, with net sales increasing by 12.2% year-on-year to ₹1,692 Crore for the quarter. Net profit after tax stood at ₹342 Crore, an increase from ₹328 Crore in the same period last year. Excluding one-offs, net profit after tax grew by 5.5% year-on-year.
Key Leadership Changes
In other significant updates, the Board noted the resignation of Mr. Gunjit Jain as Executive Vice President – Marketing, effective November 30, 2026. Concurrently, Mr. Akash Parekh has been appointed as the new Executive Vice President – Marketing, effective December 1, 2026, succeeding Mr. Jain. The company also approved the appointment of Ms. Ragini Gajaria as the Internal Auditor, effective October 22, 2026.
Future Outlook and Strategy
Management expressed confidence in continued growth, driven by a focus on the “Funding the Growth” program. Investments in brand building and premiumisation are expected to continue, supported by a strong product portfolio and strategic advertising. The company also introduced new product offerings, including themed oral care lines, aimed at expanding consumer engagement.
Source: BSE