COLG declares Rs35 dividend

August 03, 2026 (MLN): Colgate-Palmolive (Pakistan) Limited (PSX: COLG) reported a steady 1% increase in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs18.63bn compared to Rs18.40bn in the preceding year.

Alongside the financial results, the company announced a cash dividend of Rs35 per share.

Reflecting this bottom-line growth, the company's basic and diluted earnings per share (EPS) improved to Rs76.74 from Rs75.78 in FY25.

The profit expansion was driven by a healthy top-line surge. COLG’s gross turnover posted an 8% year-on-year increase, reaching Rs169.95bn.

After accounting for sales tax (Rs28.33bn) and trade discounts (Rs16.40bn), net turnover expanded by 8% to Rs125.22bn compared to Rs116.01bn in FY25.

The cost of sales also grew by 8% to Rs81.38bn, allowing the company to maintain its gross margin momentum and secure an 8% expansion in gross profit, which reached Rs43.84bn up from Rs40.72bn in the prior year.

On the operational front, overheads grew in line with expanded market presence.

Selling and distribution costs rose by 12% to Rs13.37bn, while administrative expenses increased by 9% to Rs1.50bn.

Other operating expenses saw a modest 4% uptick to Rs2.10bn. These rising expenses, combined with a 10% decline in "other income" (which dropped to Rs3.54bn from Rs3.94bn), moderated operational growth, keeping profit from operations at a 4% increase (Rs30.41bn).

Below the operating line, finance costs and bank charges remained well contained, rising slightly by 6% to Rs176.88m.

Propelled by the strong gross margins, profit before taxation grew by 4% to Rs30.23bn.

The company then absorbed an 8% higher taxation burden of Rs11.60bn (up from Rs10.72bn in FY25). Despite the increased tax outlay, Colgate-Palmolive (Pakistan) Limited securely closed the fiscal year with its final net profit reaching Rs18.63bn.