Colgate-Palmolive (India) has reported a significant decline in its financial performance for the September quarter of FY26. The company's net profit fell by 17% to ₹328 crore, down from ₹395 crore in the same quarter last year. Revenue from operations also dropped by 6.3%, amounting to ₹1,507 crore compared to ₹1,609 crore a year earlier.

The company attributed these results to challenges posed by the Goods and Services Tax (GST) disruptions, which affected its entire oral care portfolio. The GST rates on oral care products were reduced from 18% to 5%, a move the company welcomed as beneficial for consumer confidence. However, the transition led to temporary disruptions in distribution and retail channels.

Prabha Narasimhan, Managing Director and CEO of Colgate-Palmolive (India), stated, "While we continued to navigate through a difficult operating environment, our second quarter performance also reflects the transitory disruption at distributors and retailers across channels caused by the GST rate revision. We expect a gradual recovery in performance in the second half."

Despite the decline, Colgate's profit after tax showed a slight increase of 2.1% sequentially from the previous quarter, and revenue rose by 6.1% compared to ₹1,421 crore in the quarter ending June 30, 2025. The company also announced its first interim dividend of ₹24 per equity share for FY26, which will be paid on November 19, with November 3 set as the record date.

Narasimhan emphasized the company's commitment to its long-term strategic goals, stating, "Our margin profile remains resilient, driven by strong execution. Despite topline headwinds, we continue to prioritize brand investments." The premium product line, particularly the Colgate Visible White Purple toothpaste, has shown strong growth momentum, indicating potential for recovery in the future.