HUL Q1 profit drops 3% to ₹2,673 crore as commodity costs squeeze margins
Hindustan Unilever reported a 3% year-on-year decline in attributable Q1 profit to ₹2,673 crore, with higher commodity costs pressuring margins. Its shares fell nearly 7% following the results.
HUL reported a 3% Q1 profit decline to ₹2,673 crore as commodity costs pressured margins. The roundup also covers Paytm Payments Bank’s court-ordered winding-up and Tata Sons extending Air India’s turnaround horizon to as long as a decade.
Why this matters
The margin squeeze follows HUL's recent warning of more price hikes amid commodity inflation, even as Unilever positions India for high-single-digit growth over the next decade.
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