Colgate Palmolive India reported a 10.1% YoY revenue increase to INR 16,191 Mn for Q2FY25, driven by high single-digit volume growth. However, EBITDA rose only 3.2% YoY, missing estimates due to higher operating expenses, leading to a decrease in EBITDA margin. The net profit increased 16.2% YoY to INR 3,951 Mn, and the Board declared a first interim dividend of INR 24 per share. The target price is now set at INR 3,067, with a "REDUCE" rating maintained amid subdued demand and elevated ad spending.