Menu Close

HUL: HUL’s better-than-expected Q1 show to support stock in…

The HUL stock is up over 13% in the past six months but is up 6% in the past one year. The resilient quarterly performance will provide positive reinforcement to the company’s investors in a volatile market.

Synopsis

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

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

Leave a Reply

Your email address will not be published. Required fields are marked *