HUL Q3 results: Net profit rises 12% YoY; beats Street estimates
1 year, 11 months ago

HUL Q3 results: Net profit rises 12% YoY; beats Street estimates

Live Mint  

India's largest fast-moving consumer goods company Hindustan Unilever Ltd on Thursday said its standalone net profit for the third quarter ended December 2022 rose 11.6% year-on-year to ₹2,505 crore, helped by an increasing demand for its beauty and personal care products, which offset a rise in raw-material costs. The Indian arm of global consumer goods giant Unilever Plc recorded double-digit revenue growth of 16% at ₹14,986 crore for the third quarter of the financial year 2022-23 as against ₹12,900 crore in the year-ago period. Segment-wise, Home Care clocked 32% revenue growth and double-digit volume growth, while Beauty and Personal Care rose 10%. "We remain focused on managing our business with agility, continue growing our consumer franchise whilst maintaining margins in a healthy range," said Sanjiv Mehta, CEO and Managing Director.

Growth Crore Quarter Yoy Hul  rises  yoy  unilever  care  revenue  personal  hul  reported  quarter  q3  estimates  growth  crore  consumer  street  profit  results  beats  net

History of this topic

What HUL’s decade-long plan tells us about consumption in India
1 month ago

What HUL’s decade-long plan tells us about consumption in India

Live Mint  

New Delhi: Fast-moving consumer goods maker Hindustan Unilever Limited recently unveiled its roadmap for the next couple of years, highlighting a significant shift in Indian consumer preferences. The company said consumer expectations from its laundry products are “evolving" thanks to wider wardrobes, and growing ownership of washing machines in India is prompting the switch from powder to more premium liquids. …

Beauty, wellbeing, mini meal: HUL eyes high-growth segments to boost demand
1 month, 1 week ago

Beauty, wellbeing, mini meal: HUL eyes high-growth segments to boost demand

Live Mint  

Premium is the watchword for packaged consumer goods major Hindustan Unilever Ltd, as it unveiled a new strategy on Friday to ride on an expected rise in household income and increasing consumer preference for more expensive brands and products. These segments—premium face care, premium hair care, body wash, home care liquids, condiments and mini meals, and wellbeing—contributed ₹7,000 crore in …

HUL Q1 results: Net Profit rises 8% to come in at ₹2,472 crore
1 year, 5 months ago

HUL Q1 results: Net Profit rises 8% to come in at ₹2,472 crore

Live Mint  

HUL Q1 results: The FMCG company posted a standalone net profit for the quarter ended June 30, 2023 at ₹2,472 crores - up 8% from ₹2,289 crores in the year ago period. On a consolidated basis, profit after tax rose 7% to ₹2,556 crore in the first quarter ended June 30, 2023 as compared to a consolidated net profit of …

HUL Q1 Results: Net Profit Jumps 14 Per Cent To Rs 2,391 Crore, Beats Street Estimate
2 years, 5 months ago

HUL Q1 Results: Net Profit Jumps 14 Per Cent To Rs 2,391 Crore, Beats Street Estimate

ABP News  

FMCG major Hindustan Unilever Ltd on Tuesday posted an increase of 13.85 per cent in its consolidated net profit to Rs 2,391 crore for the first quarter ended June 2022, thus beating analysts' estimate of Rs 2,191.3 crore. The FMCG compnay's total expenses were higher 20.79 per cent at Rs 11,531 crore as compared to Rs 9,546 crore in the …

HUL Q3 Results: Net Profit Jumps 18% YoY To Rs 2,300 Crore
2 years, 11 months ago

HUL Q3 Results: Net Profit Jumps 18% YoY To Rs 2,300 Crore

ABP News  

New Delhi: FMCG major Hindustan Unilever on Thursday clocked an 18.68 per cent increase in consolidated net profit to Rs 2,300 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 1,938 crore in the October-December period of the previous financial year. Revenue from sales during the quarter under review stood at Rs …

HUL results in line with FMCG growth slowdown
5 years, 8 months ago

HUL results in line with FMCG growth slowdown

Live Mint  

Hindustan Unilever Ltd, India’s largest listed consumer packaged goods firm by sales, reported a slowdown in volume growth, in line with analysts’ estimates. The FMCG major reported 13% growth in net profit while volume growth dropped to 7%, which was expected between 5-7%, compared to double-digit growth the company has been seeing for many quarters. The Surf Excel maker’s net …

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