HUL Q2 earnings: Net profit rises 4% to ₹2,790 crore; underlying sales growth hits 14-quarter high of 15%
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Hindustan Unilever Ltd (HUL) reported a 3.91% year-on-year (YoY) increase in consolidated net profit to ₹2,790 crore for the September quarter of FY27, compared with ₹2,685 crore in the corresponding quarter last year.
The FMCG major's consolidated revenue from operations rose 14.78% to ₹18,037 crore in Q2FY27, from ₹15,734.74 crore a year earlier. On a sequential basis, net profit increased 4.38% while revenue from operations grew 5.18%.
HUL's profit after tax (PAT) before exceptional items grew 9% year-on-year while underlying sales growth reached 15% in the September quarter, its highest in 14 quarters. Underlying volume growth (UVG) stood at 7%, reflecting stronger sales momentum.
Underlying volume growth at 7%; EBITDA rises 8%
HUL's earnings before interest, tax, depreciation and amortisation (EBITDA) increased 8% year-on-year to ₹4,089 crore. The EBITDA margin stood at 22.6%, within the company's guided range.
Total expenses rose 15.8% year-on-year to ₹14,574 crore during the quarter. Total income, including other income, increased 14.44% to ₹18,386 crore.
"In September quarter, we delivered 15 per cent underlying sales growth, our highest in the last 14 quarters, with turnover of ₹18,071 crores. Underlying volume growth was strong at 7 per cent reflecting sustained momentum driven by our focus on crafting desirable brands and strengthening future-fit go-to-market," Priya Nair, CEO and managing director of HUL, said in the company's results release.
"The Indian economy remains resilient, with healthy macro indicators supporting a positive consumption environment. We continue to invest in building long-term capabilities and remain anchored to the 'Winning in New India' strategy of delivering competitive, volume-led profit growth," Nair added.
HUL declares ₹19 interim dividend
HUL's board declared an interim dividend of ₹19 per equity share of face value ₹1 each for FY27.
The company has fixed November 12, 2026, as the record date to determine shareholders' eligibility for the dividend. The payout is scheduled for November 25, 2026.
First-half income rises 12.15%
For the first half of FY27, HUL's total consolidated income increased 12.15% year-on-year to ₹35,915 crore. Underlying volume growth stood at 6% while EBITDA grew 8% and PAT before exceptional items increased 9% year-on-year.
HUL shares were trading at ₹1,790.70 apiece on the BSE at noon on Wednesday, down 1.61%.