Mumbai, Oct. 24 -- Profit before tax (PBT) dropped 16.62% to Rs 442.28 crore in Q2 FY26 as against Rs 530.45 crore posted in same quarter last year.

Total expenses fell 6.21% to Rs 1,092.25 crore in Q2 FY26 compared with Rs 1,164.64 crore in Q2 FY25.

Prabha Narasimhan, managing director & CEO of Colgate-Palmolive (India), said, "During the quarter, GST rates on our entire oral care portfolio were reduced from 18% to 5%. We welcome this move by the Government as a timely step to boost consumer confidence while recognising oral health as a growing national priority. We worked closely with all our customers to pass on the benefit of lower prices to consumers from the effective date.

While we continued to navigate a challenging operating e...