HUL posts strongest quarterly growth in three years as demand recovers
Hindustan Unilever's net profit rose 21.4% YoY to Rs 2,992 crore on revenue of Rs 16,172 crore (+8%), with 7% underlying sales growth driven by rural recovery, home care and beauty premiumisation. EBITDA margin held at 23.7%, but shares fell 4% on cost concerns.
HUL posted its strongest quarterly growth in three years, with net profit up 21.4% to Rs 2,992 crore and 7% underlying sales growth driven by rural recovery, home care and beauty premiumisation, though shares fell on cost concerns.