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Colgate India profit rises 4.3% as sales climb 12.2% in second quarter

Colgate-Palmolive India reported a 4.3% rise in net profit and 12.2% sales growth, and its board declared a Rs 24 interim dividend per share.

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what happened

Colgate-Palmolive India, in a report published by Moody's, said net profit for the quarter ended 30 September 2026 rose 4.3% year on year to Rs 341.57 crore. Net sales grew 12.2% to Rs 1,691.57 crore from Rs 1,507.24 crore a year earlier, marking a second straight quarter of double-digit sales growth, with toothpaste volumes up at a high single-digit rate. Gross margin widened 40 basis points to 69.6%. Excluding one-off items, including a charge tied to the inverted duty structure after GST changes, profit growth was 5.5%, the company said.

The board declared a first interim dividend of Rs 24 per share for FY27, with a total payout of about Rs 653 crore, payable from 19 November 2026 to shareholders on the register as of 2 November 2026. Separately, Gunjit Jain will leave his post as executive vice president of marketing at the end of 30 November 2026, and Akash Parekh will succeed him from 1 December.

why it matters

This is a mid-sized consumer goods story with limited market-wide reach. Strong sales and margin gains, alongside commodity-cost pressures and GST effects, matter mainly to investors following Indian FMCG stocks. The company gave no quantified FY27 growth target.

market impact

Indian FMCG stocks: strong sales and margins support sector interest

tags

DividendEarningsStockIndiaLeadership change

instruments

Colgate-Palmolive IndiaIndian equitiesINR

sources

  1. Colgate India Q2 Profit Rises 4.3%, Sales Up 12.2% — Moody's, 23 October 2026 at 02:00 UTC

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