HUL stock on track for worst annual performance in 22 years

Hindustan Unilever shares have dropped nearly 20% in 2026, marking the company's worst annual performance since 2004 amid challenging sector conditions.

The consumer goods company reported a consolidated revenue growth of 15% year-on-year to ₹18,070 crore for the September quarter.

Input cost inflation and rising commodity prices squeezed gross margins by 400 basis points down to 48% during the quarter.