FMCG major Colgate-Palmolive has reported a net profit of Rs 327.51 crore for the quarter, down from Rs 395.05 crore a year ago, marking a decline of 17.10%. However, the company recorded a 2.15% sequential increase from Rs 320.62 crore reported in the previous quarter (Q1 FY26). The oral care major said its performance in Q2 was impacted by GST-led disruptions and a high base effect from last year’s double-digit growth.
Its sales were down 6.33% to Rs 1,507.24 crore during the quarter from Rs 1,609.21 crore a year ago. Total expenses of Colgate-Palmolive in the September quarter were down 6.21% to Rs 1,049.72 crore. Total income, including other income, was Rs 1,534.53 crore, down 9.47% Year-on-Year in the September quarter.
Company declares first interim dividend
The company has announced its first Interim Dividend: Rs 24 per equity share (of Re 1 each) for FY26. The dividend, totalling Rs 652.8 crore, will be paid on and from November 19, to shareholders whose names appear on the company’s records as of November 3, 2025.
GST rate cut causes temporary market disruption: CEO
Prabha Narasimhan, Managing Director and CEO noted that the company’s second quarter performance also reflects the transitory disruption at distributors and retailers across channels caused by GST rate revision
Narasimhan said, “During the quarter, GST rates on our entire oral care portfolio were reduced from 18% to 5%. We welcome this move by the government as it boosts consumer confidence while recognising oral health as a growing priority. We worked closely with our customers to pass on lower prices to consumers.”
She added that the company’s performance reflected “transitory disruption at distributors and retailers” following the GST revision. “Our margin profile remains resilient driven by strong focus on execution of our Funding The Growth program,” Narasimhan said, adding that Colgate remains committed to its long-term strategic goals and brand investments.
Share price of Colgate-Palmolive
The share price of Colgate-Palmolive India on Thursday settled at Rs 2,288.80 on the BSE, up 1.30%.
