HUL to sell water purification business Pureit for ₹601 crore
Pureit has a turnover of ₹293 crore, less than 1% of HUL's turnover.
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HUL Q1 profit up 8% to ₹2,472 cr; revenue surges 7%
HUL CEO Rohit Jawa says FMCG markets are recovering gradually, although the operating environment remains "challenging"
At HUL, Upskilling Leads to New Jobs
The FMCG major’s transformation journey has created job opportunities such as digital marketing, AI specialists in planning and supply chain functions, within the company.
Rohit Jawa to succeed Sanjiv Mehta as new HUL MD, CEO
Rohit Jawa is currently chief of transformation for Unilever in London. He started his career with HUL in 1988, worked across India, South East Asia, North Asian markets
Return Of The FMCG Giants
How legacy FMCG companies staged a comeback in their battle with new-age brands by investing in data-led strategies, acquisitions and premium product portfolio.
Cap MNC royalty payments, demands RSS affiliate
The call has come against the backdrop of the decision by HUL to increase the royalty payment to parent company Unilever, from 2.65% to 3.45% over three years till 2025.
HUL shares dip 4% post Q3; what should investors do?
HUL’s 3Q results were in line with expectations; however, hikes in royalty and central service fees remained key concerns.
HUL Q3 results: Net profit soars 12% to ₹2,505 cr
Growth was ahead of the market with more than 75% of the business winning market shares, says HUL.
HUL to acquire stake in OZiva, Nutritionalab; stock hits record high
The investment in two D2C brands is part of HUL’s strategy to boost its presence in the health and wellness segment post acquisition of Horlicks.
FMCG majors cut prices 2-20% to shore up growth
FMCG companies were on a price-hike spree for the past two years. But the change in tactic is because there is a clear softening of rural demand, a big driver for FMCG revenues at 65-70%.
