CPColgate Palmolive (India)500830Quarterly results

First interim dividend of Rs. 24 per share declared; Q2 net sales up 12.2%

Q2 FY27: net sales Rs. 1,692 Crore, up 12.2% year-on-year from Rs. 1,507 Crore.

By ScoutQuest · Thu 22 Oct 2026, 4:58 PM IST · 2 min read

Net Sales (Q2 FY27)

Rs. 1,692 Crore, up 12.2% year-on-year from Rs. 1,507 Crore

Net Profit (Q2 FY27)

Rs. 342 Crore; excluding one-offs, profit after tax up 5.5% year-on-year

First Interim Dividend

Rs. 24/- per equity share; total payout Rs. 65,277 Lakhs

Dividend declared

• The Board declared a first interim dividend of Rs. 24/- per equity share of face value of Re. 1/- each for the financial year 2026-27.
• The record date for identifying eligible shareholders is November 2, 2026, and the dividend will be paid on and from November 19, 2026.
• The total dividend payout works out to Rs. 65,277 Lakhs.

What the quarter showed

• Net sales for the quarter ended September 30, 2026 were Rs. 1,692 Crore, compared with Rs. 1,507 Crore in the same quarter last year, a rise of 12.2%.
• Net profit after tax was Rs. 342 Crore. Excluding one-offs and exceptional items, net profit after tax grew 5.5% year-on-year.
• Gross margin in Q2 was 69.6%, and the company said it expanded year-on-year on the back of its cost-savings programme.
• The company said the toothpaste portfolio saw high-single digit volume expansion, led by premium toothpaste and Colgate MaxFresh, and that growth was broad-based across brands and distribution channels.
• The managing director's statement says advertising investment was stepped up in the quarter and that the company expects to deliver robust growth ahead.

Other board decisions

• Ms. Ragini Gajaria was appointed Internal Auditor of the company with effect from October 22, 2026, on the recommendation of the Audit Committee.
• The Board noted the resignation of Mr. Gunjit Jain as Executive Vice President - Marketing, effective close of business on November 30, 2026, to pursue an opportunity outside the company.
• Mr. Akash Parekh, currently Senior Director, Marketing - Asia Pacific (APAC), was appointed Executive Vice President - Marketing effective December 1, 2026, in succession to Mr. Gunjit Jain.
• Members' approval for the appointment of Mr. Manish Anandani as Managing Director & CEO will be sought through a postal ballot; the cut-off date for sending the notice electronically and for e-voting is Friday, October 23, 2026.

How to read this

• A declared interim dividend with a fixed record date is the most direct shareholder item here; eligibility depends on holding the shares on the record date.
• The quarterly numbers show double-digit sales growth alongside a smaller rise in profit after tax once one-offs are excluded, which suggests costs and higher brand spending absorbed part of the sales gain.
• Senior management changes and the postal ballot for the MD & CEO appointment are board-level items that shareholders can track through the voting process.

Key numbers at a glance

• Dividend per share: Rs. 24/-; total payout: Rs. 65,277 Lakhs.
• Net sales: Rs. 1,692 Crore versus Rs. 1,507 Crore, up 12.2%.
• Net profit: Rs. 342 Crore; profit after tax growth excluding one-offs: 5.5%.
• Gross margin: 69.6%.

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