COLPALNSEColgate Palmolive (India) Limited· Personal CareHighPositive
Announced Wed, 21 May · 17:47 IST

Colgate Palmolive (India) Limited has informed the Exchange that Record date for the purpose of Dividend is 28-May-2025.

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Awaiting price reaction for this filing.

AI summary

The Board of Colgate Palmolive (India) has declared a Second Interim Dividend of Rs. 27 per equity share (Re. 1 face value) for FY2024-25, taking the total dividend for the year to Rs. 51 per share (along with the first interim of Rs. 24 paid in November 2024). The record date for eligibility is May 28, 2025, and the dividend will be paid on or after June 16, 2025, involving a total payout of around Rs. 734 crore. The Board also approved audited Q4 and FY25 results, with FY25 net sales growing 6.3% to Rs. 5,999 crore and net profit up 8.5% to Rs. 1,437 crore, though Q4 net sales dipped 1.9% year-on-year to Rs. 1,452 crore. The 84th AGM is scheduled for July 22, 2025, via video conference, and M/s. Dholakia & Associates LLP has been appointed as Secretarial Auditor for 5 years (FY26-FY30).

Likely market impact

Shareholders holding Colgate shares as of May 28, 2025 will receive the Rs. 27 dividend starting June 16, 2025, with the total FY25 payout of Rs. 51 per share reflecting consistent shareholder returns. Steady FY25 profit growth and a stable dividend track record are positive signals, though the marginal Q4 sales decline may temper near-term sentiment.