Colgate-Palmolive India reported a 12.2% rise in second-quarter net sales and declared a ₹24-per-share interim dividend. The 22 October announcement combines two different questions for readers: how the oral-care business performed, and which shareholders qualify for the planned cash payment.
The results cover the quarter ended 30 September 2026, the second quarter of FY2027. Net sales were ₹1,691.57 crore and reported net profit after tax was ₹341.57 crore. The company’s release rounds those amounts to ₹1,692 crore and ₹342 crore; the table uses the more precise exchange-filing figures.
Sales grew faster than reported profit
| Measure | Q2 FY2027 | Q2 FY2026 | Official evidence |
|---|---|---|---|
| Net sales | ₹1,691.57 crore | ₹1,507.24 crore | Financial statement, page 4 |
| Net profit after tax, reported | ₹341.57 crore | ₹327.51 crore | Financial statement, page 4 |
| Basic and diluted earnings per share | ₹12.56 | ₹12.04 | Financial statement, page 4 |
| Advertising expense | ₹314.82 crore | ₹225.10 crore | Financial statement, page 4 |
The filing presents these figures in lakhs; the crore amounts above divide them by 100. Reported profit increased about 4.3%, calculated as (₹341.57 crore − ₹327.51 crore) ÷ ₹327.51 crore × 100. That is not the same as the company’s 5.5% growth measure excluding one-offs, which it links to an inverted-duty-structure charge arising from GST changes.
Advertising expense increased to ₹314.82 crore from ₹225.10 crore. Management says it stepped up brand-building and premiumisation spending. This provides context for why sales growth need not translate into the same rate of profit growth. It does not establish how the shares will perform.
Earnings per share divide profit attributable to shareholders across the relevant share count. The filing reports both basic and diluted EPS at ₹12.56, versus ₹12.04 a year earlier. These earnings figures are separate from the dividend amount.
What the ₹24 dividend announcement means
| Item | Disclosed position | Official evidence |
|---|---|---|
| Action and approval | Board declared first interim cash dividend for FY2027 on 22 October 2026 | Board outcome, pages 1–2 |
| Amount and per-share basis | ₹24 for each equity share with ₹1 face value | Board outcome, page 1 |
| Record date and eligibility | 2 November 2026; holders in the company’s register of members/beneficial owners on that date | Issuer dividend announcement |
| Payment | On and from 19 November 2026; scheduled, not already paid | Board outcome, page 1 |
| Ex-dividend date | Not specified in the reviewed documents; not inferred here | Reviewed board outcome |
| Aggregate payout | ₹652.77 crore in the filing, rounded to ₹653 crore in the release | Financial notes, page 5 |
An interim cash dividend is a distribution to eligible shareholders during the financial year. It is not a bonus-share issue. The ₹1 face value is the share’s accounting denomination, not its market price and not the amount of the dividend.
The record date identifies the holders in the company’s specified records. This report does not infer an ex-dividend date, a last purchase date, tax treatment, dividend yield or an assured gain. Investors should check any later issuer or exchange notice for changes; the November payment is still scheduled, not a completed transfer.
Sources and what to watch
The 22 October results announcement and board outcome with the unaudited financial statements and limited-review report were checked. A limited review is not a full audit. Watch future sales, spending and profit together rather than treating one quarter’s growth as a forecast.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update. This report uses AI-assisted primary-document review, not independent human editorial approval.
For another example of separating a dividend’s record date from its payment date, see CapKet’s MRPL dividend report. Each announcement has its own eligibility conditions and timetable.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.