Focus on core biz, cost-cutting steps help HUL deliver robust Q2 numbers

FMCG major Hindustan Unilever (HUL) on Friday posted a 20 per cent rise in its consolidated net profit at Rs 15.25 billion for the September quarter. Sales grew by 11 per cent during the period while EBIDTA came in at Rs 20.19 billion, up 20 per cent YoY. EBIDTA margin rose by 160 bps against the year-ago period.
 

The company said that its well-established savings programme and leverage in other expenses helped it to mitigate material inflation and drive margin improvement. 
 

Sanjiv Mehta, Chairman and Managing Director, said: “We have delivered another strong performance in the quarter and also for