Hindustan Unilever Ltd

HUL launches iSight to track demand trends, competition on real-time basis

Hindustan Unilever introduces iSight app exclusively in India, enabling employees to share real-time feedback on products, market trends and competitors to strengthen brand strategies

HUL Q4 result: Net profit slips 3.7% to ₹2,464 crore; dividend declared

HUL Q4 FY25 result: The company's board approved a final dividend of ₹24 per share, taking the full year payout to shareholders to ₹53 per share

Nifty monthly losing streak 2nd worst in 30 yrs; why you should be worried

The Nifty 50 index has shed nearly 13% in the last five straight months, its longest losing streak since November 1996; equalling its second-worst ever in the 30-year history.

Minimalist acquisition an example of making portfolio future fit: HUL CEO

The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a great example of making" Hindustan Unilever Ltd's portfolio future fit and it shows the startup ecosystem in India definitely has a strong future ahead, according to its CEO and Managing Director Rohit Jawa. Hindustan Unilever Ltd on Wednesday announced that it has signed and executed share purchase and subscription agreement for acquisition of 90.5 per cent of shareholding of Uprising Science Pvt Ltd -- the firm behind Minimalist -- comprising secondary buyout for a cash consideration of Rs 2,670 crore at a pre-money enterprise valuation of Rs 2,955 crore. The company will also make a primary infusion of Rs 45 crore with an eventual acquisition of the remaining 9.5 per cent of Uprising's shareholding, HUL said in a regulatory filing. Addressing an earnings call, Jawa said despite the slowdown in FMCG market, which is transitory in nature, the company is preparing for future

Unilever reduces European job cuts, adds 1,000 roles for ice cream unit

Unilever said earlier this year it would axe 7,500 jobs globally as part of a restructuring to save about 800 million euros

Market Today: HUL Q2, Gold at record, IMF on India, Waaree IPO last day

On October 22, foreign institutional investors continued their selling spree, offloading shares worth Rs 3,978.61 crore, while domestic institutional investors bought shares totaling Rs 5,869.06 crore

HUL sees profit booking after Q1FY25 results beat estimates; down 3%

Analysts said HUL is already at a 52-week high and has seen a sharp up move in the past two months. Thus, they believe that some profit booking in the near term is possible.

Gradual volume recovery, valuations to support Hindustan Unilever's stock

The premium portfolio growth across categories was healthy, but the mass portfolio was weak

Stock Market Highlights, April 24: RIL, IT shares cap gains on Sensex, Nifty; metals shine

Stock market Update on Wednesday, April 24: Strong global cues, HUL and Axis Bank Q4 results and monthly F&O expiry in focus today.

Unilever faces new risk as India's consumers turn pickier, more demanding

India's personal-care sector is estimated to become a $33 billion market by 2027 from $20 billion in 2022, according to Redseer Management Consulting Pvt

Demand woes, volume-margin trade-off likely to weigh on HUL stock

Competitive intensity to remain high, say brokerages as they take a cautious view

HUL receives Rs 447.5 cr GST demands and penalties, firm to make assessment

Leading FMCG maker Hindustan Unilever Ltd on Monday said it has received Goods and Services Tax demands and penalties totalling Rs 447.5 crore from the authorities. In a regulatory filing, HUL -- which owns brands such as Lux, Lifebuoy, Surf Excel, Rin, Pond's and Dove -- said these "orders are currently appealable" and it will make an assessment. The company received a total of five orders passed from different zones of GST officials over issues such as disallowance of GST credit, salaries including allowances paid to expats etc on Friday and Saturday last week. "The Orders were received by the company on 30th December, 2023 and 31st December, 2023, respectively and the intimation is being submitted today i.e. 1st January, 2024, being the first working day after receipt of the Orders," said HUL. This includes the demand for tax "on salaries including allowances paid to expats amounting to Rs 372.82 crore and penalty amounting to Rs 39.90 crore" from the Joint Commissioner, CGST an

Q1 miss, demand uncertainty may cap upside for Hindustan Unilever stock

Margin gains going ahead is a key positive

Number of crorepati employees at ITC, HUL, United Spirits up nearly 25% YoY

At ITC, the number of crorepati employees jumped by 36 per cent year-on-year to 257 in FY23 from 189 in the previous year. In HUL, 205 managers earned more than Rs 1 crore in annual salary in FY23

Mcap of 6 most-valued firms fall by Rs 83,637.96 cr; TCS biggest laggard

Six of the top 10 most-valued firms suffered a combined erosion of Rs 83,637.96 crore in market valuation last week, with Tata Consultancy Services (TCS), Hindustan Unilever and Infosys taking the biggest hit, amid an overall tepid trend in equities. Last week, the BSE benchmark climbed 78.52 points or 0.12 per cent, while the Nifty gained 29.3 points or 0.15 per cent. The market valuation of TCS tumbled Rs 35,694.04 crore to Rs 11,74,720.15 crore, the most among the top 10 firms. Hindustan Unilever's valuation eroded by Rs 18,949.45 crore to Rs 6,19,281.77 crore and that of Infosys fell by Rs 13,549.34 crore to Rs 5,25,374.14 crore. The market capitalisation (mcap) of State Bank of India went lower by Rs 7,675.16 crore to Rs 5,16,378.05 crore and that of ITC tanked Rs 5,903.31 crore to Rs 5,44,906.44 crore. Bharti Airtel's mcap declined by Rs 1,866.66 crore to Rs 4,64,396.71 crore. However, Reliance Industries added Rs 18,233.31 crore taking its market valuation to Rs 16,79,156.

We are much ahead of market in premiumisation: HUL MD & CEO Sanjiv Mehta

The maker of LUX soaps expects its premium products will keep driving margins

Lakme turns 70: 'Has evolved with time, stayed ahead of digital curve'

The brand is hopeful that the opportunity in the beauty and personal care space is huge as the per capita consumption of makeup in the country is very low in India

HUL beats Street expectations in Sept quarter, net profit rises 22.2%

Net profit rises 22.2% on 16.1% increase in revenue

HUL Q2 net profit rises 22.2% to Rs 2,670 crore; revenue up 16.4%

FMCG major Hindustan Unilever Ltd on Friday reported a 22.19 per cent rise in its consolidated net profit to Rs 2,670 crore for the second quarter ended September 30, mainly helped by volume growth. The company had posted a net profit of Rs 2,185 crore in the July-September quarter of the previous fiscal. Its total income increased 16.44 per cent during the quarter under review to Rs 15,253 crore. It was Rs 13,099 crore in the year-ago period, Hindustan Unilever Ltd (HUL) said in a regulatory filing. The company delivered an "underlying volume growth of 4 per cent" during the July-September quarter. "Growth was significantly ahead of the market with more than 75 per cent of the business winning value and volume market share," said HUL in its earning statement. Its total expenses rose 18.12 per cent to Rs 11,965 crore compared to Rs 10,129 crore in the second quarter of the last fiscal. HUL CEO and Managing Director Sanjiv Mehta said: "Building on our strong momentum, we have deli

Companies should brace for continued or higher inflation: HUL CEO Mehta

Businesses need to be prepared for possibilities of a continued or higher inflation and deflation of commodity prices in next 2-3 years, Hindustan Unilever CEO and MD Sanjiv Mehta said on Tuesday. The unprecedented inflation is not homegrown but has been caused by several global factors, including supply chain disruption due to the pandemic and Ukraine-Russia war, he said while speaking at the FICCI LEADS 2022 event here. "It is very difficult to predict but I think where we have to be ready with is possible three scenarios in the world today," Mehta said when asked about his thoughts on the possibility of inflation coming down in the near future. One possibility is, he said, "the inflation or a slight deflation will continue at a moderated pace from the elevated base today. The second is it could go up even further and the third is there could be a deflation in commodity prices." "This is a horizon I'm looking at for the next two, three years and as businesses, we have to be ready