The brokerage's constructive view is backed by the recent goods and services tax (GST) cut on ice cream, a strong cold-chain and distribution network, and a premium brand portfolio
Hindustan Unilever has named Vandana Suri to its management committee as executive director for home care, succeeding Srinandan Sundaram, who will become CEO of Unilever International from 1 January
Nuvama Institutional Equities believes HUL's ice cream business, given its lower margins and smaller scale, will likely be valued at a lower multiple than the core franchise.
Leading FMCG major Hindustan Unilever Limited (HUL) on Tuesday announced the appointment of Bobby Parikh, former CEO of Ernst & Young India, as an Independent Director to its Board, effective December 1, 2025. His appointment is for a period of five years, subject to the approval of shareholders, HUL said in a statement. Parikh has decades of experience and is a strategic advisor to many large corporations and holds directorships in Infosys, Biocon and Indostar Capital, among others. He has guided Indian and multinational businesses through India's evolving policy landscape. He co-founded BMR Advisors, served as the CEO of Ernst & Young India, and held senior leadership roles, including serving as the country managing partner at Arthur Andersen. HUL Non-Executive Chairman Nitin Paranjpe said: "We are delighted to welcome Bobby to the HUL Board as an Independent Director. His experience, combined with expertise in financial strategy and regulatory frameworks, has helped ...
Multinational consumer goods companies Unilever and L'Oral are witnessing strong growth on e-commerce platforms in many markets, with India emerging as a standout performer. Unilever and L'Oral, in their earnings calls for the September quarter, reported a doubling of their sales, helped by hyper-local delivery platforms that are growing rapidly in the country. French beauty major L'Oral's CEO Nicolas Hieronimus, who was in India earlier this month, said quick-commerce or traditional e-commerce platforms in the country are a game changer, helping to penetrate much faster with new products or continuing to animate existing brand." We were talking about the US, but 10 days ago, I was in India, where it's clearly a game changer for us because whether it's quick commerce or the traditional platform allows us to reach consumers all over the country, which we could not do before, said Hieronimus while replying to a query. Unilever CEO Fernando Fernandez said digital commerce accounts for
Analysts largely agree that the toothpaste major's volumes and revenue were hit by a 'double whammy' of GST rate cuts and intensifying competition, with limited signs of a near-term recovery.
FMCG Stock Today: Technical charts show that Hindustan Unilever and Nestle India seem to be favourably placed; while Colgate Palmolive stock can decline up to 7% from here.
Analysts believe that goods and services tax (GST) cuts weighed on both revenue and margins and will continue to do so into Q3FY26
Hindustan Unilever's consolidated net profit rises 4% to Rs 2,694 crore in Q2 FY26, while underlying volume growth remained flat due to GST changes and prolonged monsoon
In the quarter under review, the company reported consolidated net profit of ₹2,685 crore, as compared to ₹2,591 crore a year ago, up 4 per cent
Heavy rains in Q2FY26 adversely affected seasonal categories such as carbonated drinks, ready-to-drink juices, beer, ice creams, and hair/skin summer care products.
Hindustan Unilever said on Friday that the tax reforms led to a temporary hit to sales in September
India has its own long tradition of business doing social good. These are deeply embedded in family businesses, partially captured in the series The Story of Indian Business
HUL is well-poised to achieve good growth in the coming years with a leadership position in over 85 per cent of the portfolio and a presence in more than nine million stores, according to analysts
While the Indian unit of Unilever Plc posted a forecast-beating quarterly profit last week, Nair, who took over the CEO role on Aug 1, has her task cut out in sustaining this momentum
Hindustan Unilever (HUL) shares rose 4.1 per cent, logging an intra-day high at ₹2,538.4 per share on BSE, after posting Q1 results on Thursday
HUL Q1 preview: HUL will report its Q1 numbers this week; here's what the Street expects from the FMCG giant
HUL share price rose 3.7 per cent in trade logging an intraday high at ₹2,500 per share after Priya Nair replaced Rohit Jawa as MD & CEO of Hindustan Unilever
India Inc must play a responsible role for "inclusive and environmentally responsible" growth of the country, even as the government is taking steps for that, said HUL Chairman Nitin Paranjpe has said. To become a developed nation, India should chart a path that prioritises economic growth alongside environmental sustainability and social progress, he said while addressing the shareholders in the 92nd AGM of the leading FMCG maker. "While the government is taking significant steps, 'India Inc.' must play a crucial role in ensuring this growth is inclusive and environmentally responsible," he said. In his speech titled Building a Winning Business in an Aspiring India', Paranjpe reflected on the evolving business landscape, noting that while India offers immense opportunities, it is equally important to address the challenges that accompany this growth. The world today is characterised by "uncertainty and chaos," however Indian economy is continuing its growth journey. "However, ami
'New dynamics a significant opportunity' for FMCG sector, says Nitin Paranjpe