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Higher tax may hurt HUL Q2 profit, volume growth seen lower

Major dampener in the last quarter is likely to be volume growth, estimated to be around 5-7 percent. Volumes may be slightly higher due to price cuts in certain major categories. In Q3 FY15 itself, soaps and detergents saw price cuts. Shampoos, which comprise 10 percent of total sales, saw 20-30 percent price cuts in Q2.

first published: Oct 14, 2015 09:14 am

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