Please find enclosed Book Closure Dates
COLPAL · price
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Colgate-Palmolive (India) declared a Second Interim Dividend of Rs. 24/- per share for FY2025-26, taking total annual dividend to Rs. 48/- per share (up from Rs. 44/- last year). Q4 FY26 net sales grew 9% YoY to Rs. 1,583 crore, driven by broad-based portfolio performance. Full year FY26 net sales stood at Rs. 5,984 crore, flat versus prior year. Net profit after tax for FY26 was Rs. 1,325 crore versus Rs. 1,437 crore in FY25, impacted by inverted customs duty charges following GST changes and lower interest income on tax refunds in the base period. The company also reappointed its CFO Jacob Sebastian Madukkakuzy as Whole-time Director & CFO for 5 years from October 2026, subject to shareholder approval. Book closure for the 85th AGM is from July 23 to July 29, 2026.
The dividend increase to Rs. 48 per share signals strong cash generation and management confidence. The 9% Q4 sales recovery is positive for the stock, though full-year profit decline due to one-time GST-related charges may weigh on near-term sentiment. Shareholders on record June 1, 2026 will receive Rs. 24 per share from June 17, 2026.