Colgate-Palmolive India reported a 12% YoY decline in Q1 FY26 profit to ₹321 crore, impacted by weak urban demand and heightened competition. The company remains focused on premiumisation and expects a gradual recovery in the second half of the fiscal year.
Colgate-Palmolive India Ltd (CPIL), a leading player in the Indian FMCG space, reported a 12% year-on-year decline in net profit to ₹320.62 crore for the first quarter of FY26, citing weak urban consumption trends and heightened market competition. In the same quarter last year, the company posted a net profit of ₹363.98 crore.
The company’s sales revenue dropped 4.38% to ₹1,420.64 crore, compared to ₹1,485.76 crore in Q1 FY25. Total income, including other income, stood at ₹1,452 crore, marking a 4.48% drop. Meanwhile, total expenses slightly decreased by 1% to ₹1,020.05 crore, reflecting cost control measures amid revenue pressure.
Commenting on the results, CPIL Managing Director & CEO Prabha Narasimhan stated,
Our Q1 results reflect persistent headwinds from tough operating conditions on account of subdued urban demand and elevated competition intensity. The current quarter performance is also influenced by cycling a high base from the previous year.”
Prabha Narasimhan, Managing Director & CEO of CPIL
Despite these challenges, the company noted strong performance in its premium product portfolio, which remains central to its strategy of category premiumisation.
We have made good strides in premiumisation, with our premium portfolio delivering strong revenue growth.”
Prabha Narasimhan, Managing Director & CEO of CPIL
Looking ahead, Colgate-Palmolive India remains cautiously optimistic, expecting a gradual recovery in the second half of the fiscal year, as macroeconomic conditions stabilize and consumer confidence returns.
As of Tuesday’s mid-market session, shares of Colgate-Palmolive India were trading at ₹2,375.60 on the BSE, down 0.71%, reflecting investor reaction to the quarterly earnings release.
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