
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.
Growth was ahead of the market with more than 75% of the business winning market shares, says HUL.
Having successfully battled Covid blues, Sanjiv Mehta now rides on the twin engines of digitisation and growth to steer India’s largest FMCG company.
The ‘Reimagine HUL’ project began six years ago when Sanjiv Mehta brought on board a team of tech-savvy individuals to put together a strategy with artificial intelligence and data at the core
One can never predict a risk-free world, says Mehta
Passing on price hikes to consumers was the last option for the FMCG major, says Hindustan Unilever managing director Sanjiv Mehta.
Chairman & MD Sanjiv Mehta says the company will ensure its general trade distributors get a fair ROI. In Q3 of FY22, HUL's volume growth was 2%.
FMCG major bets on premium D2C business with launch of digital-only brands as net profit grows 9% in Q2.
The surge in Coronavirus cases across the country threatens to derail the growth reported by consumer-focussed companies in the March quarter.
Speaking at the Amazon Smbhav event, the HUL chairman argued that the pandemic has accelerated digital adoption, and it has made companies rely more than ever before on partnerships.
India’s largest FMCG company reported healthy earnings growth, but forecast subdued demand in the short term.