Net sales increased 19.5%, net profit 11% and volumes grew 6%. While the home care segment posted 30%+ growth in topline and bottomline and maintained its margin, the other segments of personal care and food & refreshments suffered on the margin front.
FMCG market leader HUL’s June quarter performance demonstrates that FMCG companies tend to perform well during inflationary periods. The consumer goods major posted a better-than-expected June quarter performance amidst input cost inflation, subdued consumer demand and a Covid-impacted base quarter.
HUL was expected to post double-digit growth in revenues and net profit and low single-digit growth in volumes. However, the actual numbers were
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