Colgate-Palmolive India Q2 FY2025 Results: Net profit jumps 16.2% YoY to ₹395.1 crore

Mumbai, 24 October 2024: Colgate-Palmolive (India) Limited announced its financial results for the second quarter of FY2025, reporting impressive growth across multiple performance metrics.

Net Sales:
Colgate-Palmolive (India) Limited achieved a 10% year-on-year (YoY) increase in net sales for the quarter ending September 30, 2024. Domestic revenues rose by 10.5%, bringing total net sales to ₹1,609.2 crore, compared to ₹1,462.4 crore in Q2 FY2024. This growth was attributed to the strong performance of its entire product portfolio.

Profitability:
The company reported a net profit after tax (PAT) of ₹395.1 crore for Q2 FY2025, a 16.2% increase compared to ₹340.1 crore in the same quarter last year. This result included a one-off tax credit from income tax refunds during the quarter. Additionally, the company’s advertising spend increased by 17.8% YoY, supporting both brand and category development initiatives.

Ms. Prabha Narasimhan, Managing Director & CEO of Colgate-Palmolive (India), expressed satisfaction with the company’s consistent performance, citing broad-based growth across core brands such as Colgate Maxfresh and Colgate Strong Teeth. Toothbrushes also experienced double-digit growth, driven by increased premiumisation.

Innovation and Brand Development:
The quarter saw the launch of Colgate Visible White Purple, a whitening toothpaste based on colour theory, which received a positive response. Additionally, Colgate Total was supported by new communication, while Colgate Strong Teeth focused on addressing calcium loss due to snacking, helping the product build its calcium-boosting credentials.

CSR Initiatives:
Colgate’s Bright Smiles, Bright Futures® program reached new milestones, impacting over two crore children in Uttar Pradesh and two lakh children in Goa through partnerships with local governments.

Dividend:
The company declared a first interim dividend of ₹24 per equity share for FY2025. The total dividend payout is expected to be ₹653 crore, payable on or after November 21, 2024.

With a solid focus on innovation, category development, and a robust P&L, Colgate-Palmolive (India) Limited is well-positioned for continued success in the Indian oral care market.

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