Hindustan Unilever Ltd Reports Marginal Growth Amid Price Cuts

Hindustan Unilever Ltd (HUL) posted a 2.2% rise in net profit for Q1 FY25, driven by price reductions. Revenue from sales increased marginally, propelled by a 4% volume growth. Despite segmentation splits and mixed performance across categories, HUL remains optimistic about the FMCG sector's potential.

Hindustan Unilever Ltd (HUL) on Tuesday reported a modest 2.2 per cent increase in consolidated net profit, which reached Rs 2,612 crore for the April-June quarter of FY25. The FMCG giant had recorded a net profit of Rs 2,556 crore in the same quarter of the previous fiscal year, according to a regulatory filing.

Revenue from product sales saw a slight uptick of 1.68 per cent, standing at Rs 15,497 crore compared to Rs 15,240 crore a year prior. HUL experienced a 4 per cent volume growth during this quarter, as detailed in its earnings statement.

“HUL delivered a robust performance in the June quarter with an underlying volume growth of 4 per cent. Underlying sales growth was tempered to 2 per cent due to price reductions that passed on the benefits of lower commodity prices to our consumers,” the company stated.