Capacity utilisation stands at 90% of pre-Covid levels: Hindustan Unilever

The country’s largest consumer goods company Hindustan Unilever (HUL) on Tuesday said its capacity utilisation now stands at 90 per cent of pre-Covid-19 levels. All its factories and warehouses are open, barring the one in Assam.

The disclosure was made as part of the detailed business update the company made to the stock exchanges. HUL said it saw “some impact” on profitability in the short term due to the pandemic but did not quantify the impact. 

“We are systematically reviewing all areas of cash generation and usage and re-evaluating costs in the prevailing circumstances. We also continue to judiciously deploy credit in