Hindustan Unilever Limited (HUL) shares drop about 7% following its first-quarter results. Multiple reports say HUL’s Q1 attributable profit declines 3% to ₹2,673 crore. Despite the lower profit, the company reports stronger revenue and demand indicators for the quarter. HUL’s turnover rises to ₹17,184 crore, supported by around 10% underlying sales growth, along with about 5% volume growth. One outlet notes that HUL delivers its highest revenue growth in 13 quarters, even while facing geopolitical issues that could affect the broader environment. HUL’s CEO and managing director, Priya Nair, is cited as saying the underlying demand environment remains stable during the quarter. Overall, the coverage links the share decline primarily to the profit decline, while presenting revenue and sales growth as offsetting positives in the same period.
HUL shares fall 7% after Q1 attributable profit dips 3% to ₹2,673 crore
Hindustan Unilever Limited (HUL) shares drop about 7% following its first-quarter results. Multiple reports say HUL’s Q1 attributable profit declines 3% to ₹2,673 crore. Despite the lower profit, the...
- HUL’s Q1 attributable profit falls 3% to ₹2,673 crore.
- HUL’s shares fall around 7% after the results are reported.
- Turnover rises to ₹17,184 crore.
- Underlying sales growth is about 10%, with volume growth around 5%.
- The underlying demand environment is described as stable during the quarter.
FMCG major delivers highest revenue growth of 10% in 13 quarters despite geopolitical issues. “The underlying demand environment remained stable during the quarter,” said CEO & MD Priya Nair.
2 hours agoTurnover grows to ₹17,184 crore, driven by 10% underlying sales growth and 5% volume growth
3 hours ago
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