Economy
HUL Q1 Net Profit Drops 4% to ₹2,631 Crore

HUL Q1 Net Profit Drops 4% to ₹2,631 Crore

Moneycontrol1h
THE BRIEF
1

Hindustan Unilever (HUL) reported a 4% decline in net profit to ₹2,631 crore for the first quarter of FY27, missing analyst expectations.

2

Despite the profit dip, the company's revenue grew to ₹17,341 crore, though shares fell 3.4% in early trading on July 28 following the announcement.

3

The company faces ongoing pressure from rising input costs and shifting consumer demand, prompting a strategic review of its product pricing and distribution models.