HUL Q2 preview: Analysts see PAT growth between 8-10%, margin pressure

Better underlying consumer demand, resilience in the rural markets and strong recovery in both home care and beauty & personal care categories are likely to drive revenue growth

Fast-moving consumer goods (FMCG) maker Hindustan Unilever (HUL) is likely to post low double-digit growth in September quarter revenue between 10 per cent and 15 per cent, said analysts. Better underlying consumer demand versus the previous quarters, resilience in the rural markets and strong recovery in both home care and beauty & personal care categories from low base quarters are likely to drive revenue growth.

On the profit front, analysts estimate an 8-10 per cent yearly jump in net profit for the second quarter ended September 2021 (Q2FY22), as operating margins are likely to stay under pressure.

"We believe FMCG companies would