When you cut the collars, the cut is referenced to the carriage. Replacing the tool with a dial indicator, you are again referencing to the carriage. The dial indicator should read the same in both positions. A small difference could be caused by deflection due to tool pressure.
This doesn't mean the two diameters will be the same. Head misalignment, bed twist, or wear in the ways will cause a difference in the diameters.
Note that what you did is essentially the opposite of what the RDM method does. It measures the difference in indicator reading for two positions on a bar of uniform diameter.
Before attempting to adjust the head, check for alignment on a facing cut. A facing cut is minimally affected by bed twist. If a facing cut produces neither a domed or dished surface, more than likely, your head is aligned. Rather than cutting a face, I use a dial indicator to measure the relative displacement of a boss on my faceplate when in a front vs. rear position. Details are here.
https://www.hobby-machinist.com/threads/on-the-level-further-adventures-with-the-g0602.72338/