Mumbai: FMCG major Hindustan Unilever Limited (HUL) has reported its strongest quarter in more than a year, with its consolidated sales reaching ₹17,184 crore. This represents a 10% YoY underlying sales growth, with its net profit rising 9% YoY to ₹2,731 crore from ₹2,526 crore reported in the same quarter last year. The company’s operating EBITDA has also grown 8.5% YoY to ₹3,947 crores, from ₹3,640 crore last year, with the EBITDA margin holding steady at 22.76%.
The home care segment has delivered the highest growth, with a 14% Underlying Sales Growth (USG) from disciplined market development and consumer-centric innovations. Amongst its product range, the fabric wash product range has seen a double-digit USG, across its bars, powders and liquids through its Vim brand.
Its cosmetics and beauty and wellness sectors too have done exceptionally well, with its premium hair care brands, skin care and color cosmetics delivering high single-digit USG. Its bodywash and oral care brands, including Closeup and Pepsodent, are also gaining traction, with strong growth across their variants. Finally, its food segment, including tea, coffee and lifestyle nutrition, has also delivered double-digit, volume-led growth, with the company strengthening its premium portfolio for Bru Coffee and Red Label Tea with new variants.
“Despite global geopolitical volatility, the Indian economy demonstrated resilience, supported by proactive fiscal and monetary policy measures. The underlying demand environment remained stable during the quarter. Against this backdrop, HUL delivered turnover of ₹ 17,184 crores and 10% USG, driven equally by volume and price. This marks our highest growth in thirteen quarters. The performance reflects the strength of our brands, increasing competitiveness of our portfolio, and disciplined execution of our strategic priorities. As our investments in market development, channel expansion and portfolio transformation continue to scale, we are building a stronger, future-fit business. While we continue to navigate the short-term dynamic environment, we remain focused on driving volume-led revenue growth.” Priya Nair, CEO and Managing Director, said in a press release to the bourses.
