Colgate Palmolive (India) Limited (COLPAL) — Board Meeting | 22 July 2025(2 announcements)

Colgate-Palmolive held its 84th AGM on July 22, 2025, virtually with 70 shareholders attending. The company reported FY25 topline revenue growth of 6.3% year-on-year, domestic net sales growth of 5.6%, and net profit after tax growth of 8.5%. The board approved increased quarterly dividends totaling ₹51 per share for FY25 (₹24 in Q2 and ₹27 in Q4). Key initiatives included achieving 33% renewable electricity, net-zero water at three manufacturing plants, and reaching 8.2 million children through the Bright Smiles, Bright Futures program. All resolutions passed, including re-appointment of Mr. Jacob Sebastian Madukkakuzy as director and approval of Dholakia & Associates LLP as secretarial auditors.

Colgate-Palmolive (India) reported Q1 FY26 net sales of ₹1,421 crores, down 4.4% year-over-year, amid subdued urban demand and high competition. Net profit declined to ₹321 crores from ₹364 crores previously. The company cycled a 12% CAGR growth base from prior year. Despite headwinds, management maintained brand investment and launched two innovation formats—Colgate Kids Squeezy Toothpaste and MaxFresh Mouthwash Sachet Stick—while prioritizing premiumization. Management expects gradual recovery in the second half.