Colgate Palmolive Q2 FY27 results: net profit up 4.3% to ₹341.57 crore, revenue up 12.3%

How did Colgate Palmolive perform in Q2 FY27?

Colgate Palmolive’s standalone Q2 FY27 revenue was ₹1,706 crore, up 12.3% from ₹1,520 crore in Q2 FY26 and 6.4% from ₹1,603 crore in Q1 FY27. Total income rose 12.6% year on year to ₹1,727.50 crore and was up 6.2% from the previous quarter, which the filing reported as ₹1,626.10 crore.

EBITDA for the quarter was ₹473.48 crore, up 1.7% from ₹465.43 crore a year earlier but down 2.0% from ₹482.97 crore in Q1 FY27. The EBITDA margin fell 2.8 percentage points year on year to 27.8% from 30.6%, and declined 2.3 percentage points from 30.1% in the previous quarter.

Profit before tax was ₹460.22 crore, up 4.1% from ₹442.28 crore in Q2 FY26 but down 0.4% from ₹462.19 crore in Q1 FY27. Net profit was ₹341.57 crore, up 4.3% year on year from ₹327.51 crore and down 0.4% from ₹343.08 crore; basic EPS was ₹12.56, against ₹12.04 and ₹12.61, respectively.

What changed in Colgate Palmolive's costs and profit?

Total expenses were ₹1,267.28 crore, up ₹175.03 crore or 16.0% from Q2 FY26. Cost of materials increased ₹36.24 crore to ₹429.92 crore, employee cost rose ₹17.86 crore to ₹135.92 crore, and other expenses increased ₹111.05 crore to ₹582.86 crore; the filing did not state the reasons for these movements.

Finance costs declined by ₹0.18 crore to ₹0.81 crore and depreciation fell by ₹3.03 crore to ₹34.16 crore. Other income increased by ₹6.68 crore to ₹21.71 crore. There was no exceptional item in either Q2 FY27 or Q2 FY26, while tax expense rose by ₹3.88 crore to ₹118.65 crore.

Against Q1 FY27, total expenses rose ₹106.71 crore to ₹1,267.28 crore, driven by a ₹73.32 crore increase in other expenses and a ₹6.66 crore increase in employee cost. Cost of materials fell ₹2.85 crore, finance costs fell ₹0.22 crore and depreciation fell ₹5.05 crore; other income declined ₹1.09 crore and tax fell ₹0.46 crore.

Q1 FY27 included an exceptional charge of ₹3.34 crore, while Q2 FY27 had no exceptional item. Despite the sequential absence of that charge, profit before tax fell ₹1.97 crore to ₹460.22 crore and net profit fell ₹1.51 crore to ₹341.57 crore from the previous quarter.

How did the first half of FY27 go?

In H1 FY27, standalone revenue was ₹3,309.09 crore, up 12.0% from ₹2,953.56 crore in H1 FY26. Total income rose 12.3% to ₹3,353.60 crore from ₹2,986.53 crore, while profit before tax increased 5.5% to ₹922.41 crore.

Net profit for the first half was ₹684.65 crore, up 5.6% from ₹648.13 crore in H1 FY26. Basic EPS rose from ₹23.83 to ₹25.17. The filing’s unaudited results covered the quarter and six months ended 30 September 2026.

What do the balance sheet and cash flow show?

At 30 September 2026, total assets were ₹3,637.74 crore, up from ₹3,408.22 crore at 31 March 2026, and total equity was ₹1,617.64 crore against ₹1,584.11 crore. Cash increased from ₹1,426.04 crore to ₹1,587.74 crore, while the company reported no borrowings at either date.

Inventories rose from ₹376.30 crore to ₹420.43 crore, trade receivables increased from ₹209.23 crore to ₹226.19 crore, and trade payables rose from ₹1,386.12 crore to ₹1,524.86 crore between 31 March 2026 and 30 September 2026.

For H1 FY27, net cash from operating activities was ₹838.79 crore, compared with ₹996.94 crore in H1 FY26. Investing cash flow was negative ₹16.95 crore against positive ₹380.68 crore, while financing cash flow was negative ₹660.14 crore compared with negative ₹740.00 crore; capital expenditure was ₹58.05 crore against ₹36.06 crore.

How has Colgate Palmolive done over the last 8 quarters?

Revenue reached ₹1,705.79 crore in Q2 FY27, the highest of the last eight quarters shown, after rising from ₹1,603.30 crore in Q1 FY27. The lowest was ₹1,434.06 crore in Q1 FY26, and revenue has risen year on year in each of the last four quarters.

Net profit was ₹341.57 crore in Q2 FY27, below ₹343.08 crore in Q1 FY27 and ₹355.00 crore in Q4 FY25, the peak in the series. The low was ₹320.62 crore in Q1 FY26; profit has risen year on year in each of the last two quarters.

The EBITDA margin reached a high of 34.1% in Q4 FY25 and a low of 27.8% in Q2 FY27. It was 30.1% in Q1 FY27, showing a lower margin in the latest quarter than in the preceding period and the year-ago quarter.

What else did the company announce?

The board approved the unaudited financial results for the quarter and half year ended 30 September 2026. It also declared a first interim dividend of ₹24 per equity share for FY27, payable from 19 November 2026 to shareholders whose names appear in the Register of Members on the 2 November 2026 record date.

The board appointed Ms Ragini Gajaria as an Internal Auditor with effect from 22 October 2026. It also noted the resignation of Executive Vice President–Marketing Mr Gunjit Jain effective at the close of business on 30 November 2026 and approved the appointment of Mr Akash Parekh to that role from 1 December 2026.

The company said that shareholder approval for the appointment of Mr Manish Anandani as Managing Director and CEO would be sought through a postal ballot. The filing also stated that the board meeting began at 2:00 pm and concluded at 3:45 pm on 22 October 2026.

How did Colgate Palmolive shares react?

The filing appeared after market hours. Colgate Palmolive fell 0.8% after five minutes, 1.2% after 15 minutes and 2.0% after 30 minutes. On the reaction day, the stock closed 4.7% below its pre-results close, while the Personal Care industry median moved 0.8% lower.

By the next day’s close, the stock was down 4.1% from its pre-results close, compared with a 2.0% fall for the Personal Care median and a 1.0% fall for the Nifty Midcap 150. By the fifth-session close, the stock was down 5.3%, versus a 3.3% industry decline and a 0.1% rise for the Nifty Midcap 150.

The stock’s reaction-day move was 4.0 percentage points below the Personal Care industry median. Earlier results-day moves included 1.2% on 29 July 2026, 2.8% lower on 22 May 2026, 0.1% lower on 29 January 2026 and 2.6% lower on 23 October 2025.