Colgate-Palmolive (India) Limited reported a 6.3% year-over-year decrease in net sales for Q2 FY’26, but noted a 6.1% sequential growth. The company declared a first interim dividend of ₹24 per share. The decline was attributed to GST-related disruptions. The company remains focused on brand investment and expects a gradual recovery in the second half of the fiscal year.
Financial Performance Overview
Colgate-Palmolive (India) Limited announced its Q2 FY’26 results, reporting net sales of ₹1,507 Crore, compared to ₹1,609 Crore in the same period last year. The company noted a sequential growth of 6.1% from the previous quarter, Q1 FY’26. Net profit after tax for the quarter stood at ₹328 Crore.
Dividend Announcement
The Board has declared a first interim dividend of ₹24 per equity share. The dividend will be paid on or after November 19, 2025, to shareholders listed on the Register of Members as of November 3, 2025. The total dividend payout will be ₹652.8 Crore.
Factors Affecting Performance
The company cited GST rate revisions as a factor contributing to temporary disruptions in distribution and retail channels. However, they view the GST reduction as a positive step towards boosting consumer confidence. The company is maintaining its focus on brand investments and expects performance to gradually recover in the second half of the year.
Other Key Points
The company’s policy on determination of materiality of event or information has been updated. The company reiterates its commitment to sustainable and profitable growth, emphasizing community well-being and efforts in waste reduction and water conservation.
Source: BSE