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HUL Q1 preview: GSK acquisition, the lower tax rate to support profit

The April - June 2020 quarter (Q1FY21) has been an unprecedented period with the Covid-19-induced lockdown impacting manufacturing and supply chain operations

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HUL

Swati Verma New Delhi
Hindustan Unilever (HUL), the fast-moving consumer goods (FMCG) giant, is slated to release its June quarter results for the fiscal year 2020-21 (Q1FY21) on July 21, Tuesday. Analysts will keenly track the company's result after peer Britannia Industries posted better-than-expected numbers for the quarter under review.

The April - June 2020 quarter (Q1FY21) has been an unprecedented period with the Covid-19-induced lockdown impacting manufacturing and supply chain operations. Though supply-side issues were temporary, the demand pattern could have a lasting impact on some categories, analysts say.  

"We observed two broad trends during the quarter. The surge in demand for categories