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Hindustan Unilever: Growth despite multiple challenges

Nandish Shah   •

Margins of HUL likely to recover from December 2022 quarter, with commodity prices correcting

Hindustan Unilever: HUL Q1 profit grows 11% to Rs 2,289 crore, with underlying volume growth of 6%. The FMCG major recorded a 11% year-on-year growth in profit at Rs 2,289 crore for the quarter ended June 2022, with underlying volume growth of 6%, but EBITDA margin contracted 100 bps YoY to 23.2% amid unprecedented inflationary headwinds. Revenue grew by 20% to Rs 14,272 crore during the same period YoY.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More