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Colgate-Palmolive India saw profit and sales drop in Q2 due to GST cut, but sales rose sequentially and margins held strong.
Colgate-Palmolive (India) reported a 6.3% drop in Q2 FY26 net sales to Rs 1,507 crore and a 17% decline in net profit to Rs 328 crore, citing temporary distribution disruptions after the government cut GST on oral care from 18% to 5%.
Despite the decline, sales rose 6.1% sequentially, and margins held strong due to operational execution.
The company launched new premium products and a children’s anti-cavity campaign, declared an interim dividend of Rs 24 per share, and expects a gradual recovery in the second half of the fiscal year.
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Colgate-Palmolive India vio caer las ganancias y ventas en el segundo trimestre debido al recorte del GST, pero las ventas aumentaron secuencialmente y los márgenes se mantuvieron fuertes.