Page 4 - Hul

HUL Q3 results: Profit up marginally at Rs 2,519 cr amid low rural demand

The company's quarterly sales of products slipped marginally to 14,928 crore rupees, with underlying sales growth in its home care business

Sensex gains 496 pts, Nifty tops 21,600; Mkts to hold spl session Saturday

Stock market highlights on January 19, 2024: The S&P BSE Indices will be calculated on Saturday, January 20, 2024 , which is declared as a special trading day by the exchange

Distributors write to Hindustan Unilever, oppose margin structure

AICPDF asks HUL to restore old margin structure

Distributors may halt HUL stock buys amid margin structure change

FMCG companies typically give fixed margins of 4-6 per cent, while variable margins depend on milestones or performance parameters

HUL appoints former revenue secy Tarun Bajaj as independent director

Bajaj belongs to the Indian Administrative Service, 1988 batch, Haryana Cadre, and was the Revenue Secretary of the Government of India before superannuating in November 2022

HUL Q2FY24 results: Net profit falls slightly, rural demand subdued

Gradual demand recovery to continue with tailwinds from festival season: CEO

Hindustan Unilever Q2FY24 results: Net profit at Rs 2,657 cr; income up 3%

The total income for Q2FY24 came in at Rs 15,806 crore, compared to Rs 15,253 crore year-on-year

Maruti to Amul: Disney Star onboards 18 sponsors for Asia Cup 2023

Asia Cup 2023 is set to take place from August 30 to September 17 and the tournament will be broadcast live on Star Sports Network and Disney+ Hotstar

HUL Lifebuoy, GAVI to take 'Safal Shuruaat' campaign to Indonesia

The campaign, which aims to reduce infant mortality, will be run under the public-private partnership in Indonesia

Hindustan Unilever stock falls 2.4% after costs hit quarterly profit

Fast-moving consumer goods markets are recovering gradually although the operating environment remains "challenging," CEO Rohit Jawa said

Hindustan Unilever Q1 results: Net profit rises 7.3% to Rs 2.6K crore

Rural demand for FMCG sector moves into positive territory

Hindustan Unilever Q1 results: Profit rises 6.9% to Rs 2,556 crore

Total expenses were higher at Rs 12,167 crore as compared to Rs 11,531 crore in the same quarter a year ago, the company said

Markets end at record closing highs; Sensex tops 67,500, Nifty nears 20,000

Closing Bell on July 20: The market discovered price of Jio Financial Services as Rs 261.85 per share, much higher than estimates

HUL Q1 revenue may rise up to 9% YoY; soft RM costs to aid margin: Analysts

HUL Q1FY24 preview: As per brokerages, earnings before interest, tax, depreciation, and amortisation (Ebitda) margins is likely to expand up to 63 basis points (bps) YoY to 23.4 per cent

HUL has the highest peneration in shampoos followed by soap bars: Kantar

The report also said that other interesting stories at the manufacturer level include the re-emergence of Patanjali

Amid global challenges, India a silver lining: HUL's Nitin Paranjpe

He said there were five factors that would help India in its growth journey

India appears to be 'silver lining' amid global challenges: HUL Chairman

India appears to be the silver lining amid global headwinds and is poised to leapfrog into the future, but the country must address challenges like employment and agriculture productivity, said HUL Chairman Nitin Paranjpe. Addressing the AGM of the company on Monday, Paranjpe said India has been the fastest-growing economy in the last decade and is touted to become the world's third-largest economy by 2027, surpassing Japan and Germany. It is emerging steadily from the shadows of being a poor nation, and taking 'centre stage'. "The country's ambition of becoming a high-middle income country by 2047, when the nation celebrates 100 years of independence, is a definite possibility," Paranjpe said in his speech titled Transforming to Win in the New India. This would be led by factors like favourable demographics, rising consumption, enviable digital public infrastructure, investments and a culture of innovation and enterprise. According to HUL Chairman, a growing young population can

More HUL managers become crorepatis this year, no salary jump for CEO

Approximately 205 managers at HUL received an annual income surpassing Rs 1 crore, compared to 153 managers in the previous financial year

Stocks to Watch today, June 6: Adani Group, SBI, Maruti, HUL, Sejal Glass

Top Stocks to Watch on June 6, 2023: Adani Group said it has made a full prepayment of $2.15 billion of loans that were taken by pledging shares in the conglomerate's listed firms

Lakme Lever revenue rises 19.8% in FY23, HUL's exports at Rs 1,268 cr

FMCG major HUL's revenue from Lakme Lever Pvt Ltd, a wholly-owned subsidiary engaged in the salon business, increased 19.3 per cent to Rs 328 crore in FY23, led by a recovery in the business after the COVID-19 pandemic, as per the company's latest annual report. The subsidiary reported a Rs 275 crore revenue from the sale of products and services in FY22. "The company (Lakme Lever) delivered robust top line and bottom line growth led by a recovery in the salon business," the report said. With a focus on safety, quality of operations, expert treatments and prudent cost optimisation, the salon business continues to perform well in the beauty services category, it said. "Job work business continued to do well," said HUL. Lakme Lever has over 450 owned/managed and franchisee salons. In the last year's annual report, the number of saloons was 400. "The company has emerged stronger post the pandemic by strengthening safety, quality and expertise across all touch points in our customer