🧵 1. Hindustan Unilever (HUL) reports Q1 profit jump of 2.2% YoY to Rs 2610 crore, revenue at Rs 15,707 crore, beating estimates. EBITDA rises by 2.4%. #business
🧵 1. Hindustan Unilever (HUL) reports Q1 profit jump of 2.2% YoY to Rs 2610 crore, revenue at Rs 15,707 crore, beating estimates. EBITDA rises by 2.4%. #business
🧵 2. HUL's Underlying Volume Growth at 4%, Sales Growth at 2%. Price reductions passed on to consumers due to lower commodity prices impact USG.
🧵 3. CEO Rohit Jawa on HUL's Q1 performance: Shift towards high growth spaces, rural market recovery. Focus on competitive volume growth and brand investment.
🧵 4. HUL's Q1 segment performance: Home Care grows at 4% USG, Fabric Wash led by volume growth in high-single digit. Beauty & Wellbeing achieves 3% USG.
🧵 5. HUL's Hair Care records double-digit volume growth, while Skin care and Colour cosmetics see a decline. Focus on premium portfolio and future formats yielding results.
🧵 Read more at: https://www.financialexpress.com/business/industry-hul-q1-results-profit-rises-by-2-2-yoy-to-rs-2610-crore-revenue-at-rs-15707-crore-3562796/