HUL Q2 preview: Revenue may climb up to 21% YoY in Q2FY23, say analysts

HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23

HUL Q2 preview: FMCG giant Hindustan Unilever (HUL) is expected to clock revenue growth in the range of 11-21 per cent year-on-year (YoY) at Rs 15,396 crore in the July-September 2022 quarter (Q2FY23), buoyed by home care and personal segment, said analysts. The company is due to report Q2-FY23 numbers on Friday, October 21.

Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23. EBITDA margin is seen contracting in the range of 64-200 basis points (bps) to 22.6 per cent in Q2FY23 from 24.6 per cent, in the year-ago