HUL reports 3.67% decrease in net profit on muted volume growth amid subdued demand

Fast-moving consumer goods (FMCG) major Hindustan Unilever Ltd posted a 3.67 per cent decrease in consolidated net profit to ₹.2,464 crore in the quarter that ended March 31. During the quarter, the company reported underlying volume growth of 2 per cent and underlying sales growth of 3 per cent. 

Revenue from operations during the quarter grew 3.02 per cent to ₹15,670 crore during the quarter as against ₹15,210 crore reported during the same quarter last year. 

The board of directors recommended a final dividend of ₹24 per share. Together with the interim dividend of ₹19 per share and a special dividend of ₹10 per share paid on 21st November 2024, the total dividend for the financial year ended March 31, amounts to ₹53 per share.

“In FY25, our turnover surpassed ₹60,000 crore, with an underlying sales growth of 2 per cent and an EPS growth of 5 per cent,” said Rohit Jawa, CEO and Managing Director of HUL. 

“While absolute volume tonnage grew in mid-single digit, it was partially offset by a negative mix. We delivered a competitive performance, further strengthening our market leadership during the year,” he said.

“This year marked a step up in our portfolio transformation with increased innovation in high-growth spaces, amplified investments in channels of the future, acquisition of Minimalist, divestment of Pureit, and the decision to demerge ice cream business. Looking ahead, we anticipate demand conditions to gradually improve over the next fiscal year,” said Jawa.

Published on April 24, 2025