HUL shares fall over 3% post disappointing Q3
The FMCG major reported flat profit and sales at ₹2,519 crore and ₹14,928 crore, respectively, in Q3 FY24, dented by demand slowdown.
The FMCG major reported flat profit and sales at ₹2,519 crore and ₹14,928 crore, respectively, in Q3 FY24, dented by demand slowdown.
HUL is expected to post double-digit growth in both profit and revenue on a yearly basis, but sequentially the top and bottom lines are likely to be muted due to inflation headwinds.
Having successfully battled Covid blues, Sanjiv Mehta now rides on the twin engines of digitisation and growth to steer India’s largest FMCG company.
One can never predict a risk-free world, says Mehta
HUL has reported double-digit growth in top and bottom line during Q1FY23, led by healthcare, and beauty and personal care segments.
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