The profit after tax (PAT) for fast-moving consumer goods (FMCG) giant Hindustan Unilever Limited (HUL) is expected to increase marginally between 1 and 10 percent during the quarter ended March 2022 from a year ago. On a sequential basis, however, PAT is likely to remain flat. But some brokerages expect a mid-single-digit decline in PAT. The decline is attributed to the slide in rural and urban demand due to inflationary pressures which were made worse by the Ukraine crisis, while price hikes taken by the company to offset the input costs have resulted in diminishing of demand.
Brokerages expect HUL to report a standalone PAT of between Rs 2,050 crore and Rs 2,300 crore on April 27, when it will declare its results for the quarter ended March 2022.
Revenues for the owner of some of the best brands in India are expected to increase by 6-10 percent on-year but are likely to remain flat on sequential basis.
The company is expected to register standalone revenues of around Rs 13,000 crore.