Q2 FY27 results: first interim dividend of Rs. 24 per share declared; net sales up 12.2%
Board approved Q2 and H1 FY27 unaudited results and declared a First Interim Dividend of Rs. 24/- per equity share of Re. 1/- each.
By ScoutQuest · · 2 min read
- First Interim Dividend per Share
- Rs. 24/- per equity share of Re. 1/- each
- Q2 Net Sales
- Rs. 1,692 Crore vs Rs. 1,507 Crore, up 12.2% year-on-year
- Q2 Net Profit After Tax
- Rs. 342 Crore vs Rs. 328 Crore; up 5.5% excluding one-offs
Headline
The board approved the unaudited financial results for the quarter and half year ended September 30, 2026, and declared the first interim dividend for FY 2026-27.
Dividend in detail
- First Interim Dividend of Rs. 24/- per equity share of face value Re. 1/- each for FY 2026-27.
- Total payout to shareholders works out to Rs. 653 Crore.
- Record date is November 2, 2026, and payment will be made on and from November 19, 2026.
- The dividend goes only to shareholders whose names appear in the register of members or as beneficial owners on the record date.
What the numbers say
- Net sales for the quarter were Rs. 1,692 Crore against Rs. 1,507 Crore in the same period last year, growth of 12.2%.
- Net profit after tax for the quarter was Rs. 342 Crore against Rs. 328 Crore a year earlier.
- Excluding one-offs and exceptional items, net profit after tax grew 5.5% year-on-year. The release notes the exclusion relates to an inverted duty structure related charge due to GST changes.
- The company describes this as its second consecutive quarter of double-digit domestic growth.
What management said
Managing Director & CEO Manish Anandani attributed the performance to broad-based growth across brands and distribution channels, with the toothpaste portfolio seeing high-single digit volume expansion led by the premium range and Colgate MaxFresh. He said the company expects to deliver robust growth ahead, supported by continued advertising investment. These are the company's forward-looking views, not a guarantee of future performance.
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 a professional growth opportunity outside the company.
- Mr. Akash Parekh, currently Senior Director, Marketing - Asia Pacific (APAC), was approved as Executive Vice President - Marketing effective December 1, 2026, in succession to Mr. Gunjit Jain.
- Approval of the members 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 a retail shareholder can read this
- The dividend is the item with a direct cash impact: Rs. 24 for every equity share held on the record date, with the company paying out Rs. 653 Crore in total.
- The results show sales growth of 12.2% while reported net profit moved from Rs. 328 Crore to Rs. 342 Crore; the company points to 5.5% profit growth on an adjusted basis.
- The marketing leadership change is set out as a resignation followed by a succession appointment effective the next day, so responsibilities are shown as transitioning from December 1, 2026.
Also from Colgate Palmolive (India)
Dividend tax email: Rs. 24 per share First Interim Dividend, TDS at 10% or 20%, documents by November 2
23 Oct 2026
Newsletter: Q2 net sales up 12.2%, first interim dividend of Rs. 24 per share
23 Oct 2026
Colgate shares fell 5% after results, with Jefferies cutting earnings estimates for the stock
23 Oct 2026
More numbers
- First Interim Dividend per equity shareRs. 24/-
- Q2 net salesRs. 1,692 Crore
- Q2 net sales, same period last yearRs. 1,507 Crore
- Q2 year-on-year topline growth12.2%
- Q2 net profit after taxRs. 342 Crore
- Q2 net profit after tax, same period last yearRs. 328 Crore
- Total dividend payout to shareholdersRs. 653 Crore
- Net profit after tax growth excluding one-offs5.5%
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