HUL posts steady Q2 profit at Rs 2,796 cr; sales up 14.8 pc at Rs 18,037 cr

New Delhi, Oct 28 (PTI) FMCG major Hindustan Unilever Ltd (HUL) on Wednesday reported steady year-on-year growth in consolidated net profit at Rs 2,796 crore in the September quarter of FY27, compared against a base period that was elevated by a Rs 273 crore one-off tax gain.

The company logged a net profit of Rs 2,791 crore in the July-September quarter a year ago, according to a regulatory filing by HUL.

However, its revenue from the sale of products rose 14.77 per cent to Rs 18,037 crore in the September quarter of FY27, compared to Rs 15,715 crore in the corresponding quarter a year ago.

The company reported a “strong” underlying volume growth at 7 per cent, which, according to HUL, marks its “highest underlying sales growth in the last 14

quarters”, HUL said in its earnings statement.

HUL reported an 8 per cent year-on-year increase in EBITDA to Rs 4,089 crore, with its EBITDA margin at 22.6 per cent, within the company’s guided range.

Profit after tax (PAT) before exceptional items grew 9 per cent year-on-year, reflecting the company’s focus on volume-led growth and profitability.

“Reported profit after tax at Rs 2,796 crore was flat due to one-off tax-related gains of Rs 273 crore in exceptional items in the base period,” it said.

HUL’s total expenses for the reported quarter rose 15.8 per cent year-on-year to Rs 14,574 crore.

Total income, including other income, increased 14.44 per cent to Rs 18,386 crore in the second quarter of FY27.

“Underlying Volume Growth (UVG) 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 & MD said.

Nair further said, “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”.

In the first half, total consolidated income of HUL was at Rs 35,915 crore, up 12.15 per cent.

The first half recorded “UVG of 6 per cent. EBITDA grew by 8 per cenyt while PAT (before exceptional items) grew by 9 per cent year-on-year,” it said.

Moreover, the board of HUL on Wednesday declared an interim dividend of Rs 19 per share for financial year 2026-27.

Shares of HUL were trading at Rs 1,782.20 apiece on the BSE during early morning trade on Wednesday, down 2.08 per cent. PTI KRH DRR