Business Standard

HUL versus ITC: Despite headwinds, stable demand aids growth in Q2

Despite headwinds, the firms posted strong Q2 numbers in their FMCG businesses


Viveat Susan Pinto Mumbai
Hindustan Unilever (HUL) and ITC, two bellwethers within the fast-moving consumer goods (FMCG) industry, posted strong revenue growth in the July-September period, led by a recovery in consumer demand, especially in rural areas. At 11.1 per cent (HUL) and 12.7 per cent (ITC) revenue growth for the quarter, the companies gained from an uptick in sentiment in most categories where they operate in. 

HUL has a footprint across home and personal care products and food and beverages, while ITC has a presence in food and beverages, personal care, lifestyle, retail and stationary items, bunched under the category of FMCG-others by

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2018 | 5:45 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to