Business & FinanceTop StoryTop StoryLatest News
HUL Q2FY27: Net Profit Rises 4% to ₹2,790 Crore; Sales Grow 15%
Sentiment: NeutralHigh Priority
What Happened?
Hindustan Unilever's net profit for Q2FY27 increased by 3.9% to ₹2,790 crore, aided by a loss from discontinued operations last year. Sales grew 14.8% to ₹18,071 crore.
Key points
- Net profit attributable to owners rose to ₹2,790 crore from ₹2,685 crore year-on-year.
- Profit from continuing operations was nearly unchanged at ₹2,796 crore.
- Turnover increased by 14.8% to ₹18,071 crore.
- Underlying sales growth reached 15%, the highest in 14 quarters.
- Home Care revenue rose 21.4% to ₹6,878 crore.
- HUL declared an interim dividend of ₹19 per equity share.
Key insights
- HUL's strong sales growth may attract investor interest in the company's future performance.
- The increase in Home Care revenue suggests a shift in consumer preferences towards hygiene products.
- The declared dividend indicates HUL's commitment to returning value to shareholders.
Why it matters
The results indicate HUL's strong performance in a competitive market, reflecting resilience in demand.
Entities
Hindustan Unilever· Company
Source
Business Standard
