HUL Q1 Results: Net profit at ₹2,732 crore, revenue up 4% YoY to ₹15,931 crore
The FMCG major's standalone revenue from operations in Q1FY26 grew 3.9% to ₹ 15,931 crore from ₹ 15,339 crore, year-on-year (YoY).
Hindustan Unilever reported a consolidated Underlying Sales Growth of 5% and an Underlying Volume Growth of 4%. On a standalone basis, HUL reported an Underlying Sales Growth of 4%, and Underlying Volume Growth of 3%.
At the operational level, earnings before interest, tax, depreciation and amortization (EBITDA) during the June quarter declined 1.3% to ₹ 3,558 crore from ₹ 3,606 crore, while EBITDA margin contracted by 120 basis points (bps) to 22.30% from 23.50%, YoY.
'FMCG demand has continued to remain stable, with a gradual uptick in recency. Encouraged by favourable macro-economic indicators, we strategically stepped up our investments to effectively advance our portfolio transformation agenda in this quarter,' said Rohit Jawa, CEO and Managing Director, Hindustan Unilever.
HUL expects H1FY26 to be better from H2FY25 led out of portfolio transformation and improving macro conditions. If commodities remain where they are, price growth is expected to be in the low-single digit range.
The FMCG major expects gross margin to improve sequentially. Consolidated EBITDA is estimated to remain within the 22-23% range. The focus going ahead would be on competitive volume-led growth.
Home Care: HUL's Home Care segment delivered 4% sales growth driven by high-single digit volume growth. The segment witnessed negative pricing as the company maintained competitive price-value equations and continued to pass on commodity price benefits to consumers.
Beauty & Wellbeing: Beauty & Wellbeing segment delivered 7% underlying sales growth with a low-single digit volume growth. Hair Care delivered mid-single digit growth led by strong performance in Future Core and Market Makers portfolio.
Personal Care & Foods: Personal Care segment grew 6%, driven by calibrated pricing actions taken due to commodity inflation. Foods business delivered 5% sales growth with a mid-single digit volume growth. Beverages (Tea and Coffee) grew in double-digit.
At 10:00 AM, HUL share price was trading 0.50% higher at ₹ 2,449.15 apiece on the BSE.
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