Colgate's gross margin expanded by 90bps YoY to 69.5% led by lower raw material cost.

(Photo: Usha Kunji/ Source: NDTV Profit) Colgate's Q2 FY26 results were impacted by a tough operating environment, temporary disruption caused by GST rate revision, intense competition, and a high base effect. During the quarter, GST rates on the oral care portfolio were reduced from 18% to 5%, impacting short-term performance due to transitional disruptions.

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