Leading oral care products maker Colgate-Palmolive (India) Ltd on Thursday (October 22) reported a 4.1% year-on-year increase in net profit to ₹341.5 crore for the September quarter, compared with ₹328 crore in the corresponding period last year.
Revenue from operations rose 12.2% to ₹1,705.7 crore from ₹1,520 crore a year ago. The company’s profit and revenue missed the CNBC-TV18 poll estimates of ₹367 crore and ₹1,734 crore, respectively.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 1.9% year-on-year to ₹474 crore from ₹465 crore. However, the EBITDA margin contracted to 28% from 31% in the year-ago quarter.
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EBITDA also came in below the CNBC-TV18 poll estimate of ₹518 crore, while the margin missed the poll projection of 30%.
Colgate-Palmolive (India) reported net sales growth of 12.2% in Q2 FY27, marking its second consecutive quarter of double-digit domestic growth. Net sales increased to ₹1,692 crore from ₹1,507 crore in the corresponding period last year.
Interim Dividend
The company’s board declared a first interim dividend of ₹24 per equity share of face value ₹1 for the financial year 2026-27. The dividend will be paid on and from November 19, 2026, to shareholders whose names appear in the company’s register of members as of the record date of November 2, 2026.
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Management Changes
The board appointed Ragini Gajaria as the company’s internal auditor with effect from October 22, 2026, based on the recommendation of the audit committee.
The company also took note of the resignation of Gunjit Jain as executive vice president – marketing, effective at the close of business on November 30, 2026. Jain is leaving to pursue a professional growth opportunity outside the company.
Akash Parekh, currently senior director, marketing – Asia Pacific (APAC), has been appointed executive vice president – marketing with effect from December 1, 2026, succeeding Jain. The appointment was approved based on the recommendation of the nomination and remuneration committee.
Manish Anandani, Managing Director and CEO of Colgate-Palmolive (India) Ltd, said, “We are delighted to report double-digit topline growth for the second consecutive quarter.
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This consistent performance reflects broad-based growth momentum across our brands and distribution channels. The Toothpaste portfolio delivered high-single-digit volume expansion, led by our Premium Toothpaste range and strong performance in Colgate MaxFresh.
Driven by a consistent focus on the Funding the Growth program, gross margin expanded by 40 bps year-on-year to 69.6% in Q2. We remain committed to navigating commodity cost fluctuations through disciplined cost savings and calibrated pricing actions.
Capitalising on this healthy and competitive margin profile, we further stepped up investments in brand building & premiumisation throughout the quarter. Looking ahead, we expect to deliver robust growth, anchored by a best-in-class science-backed product portfolio tailored across consumer benefits and reinforced by strategic advertising investments.”
“During the quarter, we introduced tailored offerings including a Harry Potter™ themed oral care line for children and adults, along with a new Bluey-themed toothpaste featuring an innovative vacuum-locked pump dispenser,” Colgate-Palmolive India said.
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Shares of Colgate-Palmolive (India) Ltd ended at ₹1,685.00, down by ₹40.00, or 2.32%, on the BSE.