Will continue to spend on innovation, activation, says HUL's Sanjiv Mehta

Hindustan Unilever reported good numbers for the quarter ended June

Hindustan Unilever (HUL) reported good numbers for the quarter ended June. HUL’s Chairman and Managing Director Sanjiv Mehta responded to questions by Viveat Susan Pinto at a post-results conference on what led to the in-line performance in the first quarter. Edited excerpts:

Give us a sense of market growth in the June quarter. You have said rural is ahead of urban in terms of growth rates. Please specify.
 

If you look at the last 12 weeks, urban growth is at 6 per cent and rural growth is at 7.5 per cent for the (domestic) fast-moving consumer goods (FMCG) market. These