HUL reported 4% growth in net profit to INR 2790 crore, with volume growth at 7%
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HUL reported 4% growth in net profit to INR 2790 crore, with volume growth at 7%

Hindustan Unilever (HUL) demonstrated a 4% growth in consolidated net profit attributable to shareholders for the quarter from July to September of FY27. This growth occurred despite a one-time tax income of INR 273 crore received from exceptional items in the base period.

The company's recorded volume growth in Q2FY27 reached 7%. In its results report, the company stated that it achieved 15% sales volume growth in the September quarter, which is the highest figure in the last 14 quarters. Revenue for this period amounted to INR 18,071 crore. The strong volume growth of 7% reflects a sustained momentum supported by a focus on creating sought-after brands and strengthening future-adapted distribution channels. Furthermore, it was noted that the Indian economy remains resilient, and healthy macroeconomic indicators contribute to a positive consumption environment.

Net profit attributable to shareholders was INR 2,790 crore for the quarter ending in September. Total revenue increased by 14.5% in this quarter, reaching INR 18,226 crore. HUL's CEO and Managing Director, Priya Nair, emphasized that the company continues to invest in developing long-term opportunities and adheres to the 'Win in New India' strategy aimed at achieving competitive, volume-based profit growth.

The company also reported that the EBITDA margin remained at 22.6%, consistent with the targeted range. The home care category saw a 22% growth, driven by double-digit volume growth across various formats. HUL noted that targeted market development and adjusted pricing actions helped increase penetration and sustain volumes. Premium powder segmentation scaled particularly well through the 99-size Surf Excel Easy Wash packaging.

In the beauty and wellness segment, a 16% volume sales growth was recorded, as premium skincare and haircare products continued to perform strongly. This segment also showed double-digit volume growth. Regarding the personal hygiene segment, which includes products like Dove and Pears, it reported a 9% volume sales growth. The food products segment also showed a 9% volume sales growth during the quarter.

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Havells India's net profit grew by 9.7% to 349 crore rupees in the second quarter amid a 34.6% revenue increase
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Havells India's net profit grew by 9.7% to 349 crore rupees in the second quarter amid a 34.6% revenue increase

Havells India, a manufacturer of consumer electrical goods, reported on Thursday a year-on-year growth of consolidated net profit by 9.72%, reaching 349.22 crore rupees for the September quarter of fiscal year 27. This growth was driven by an increase in revenue.

According to Havells India's regulatory filings, in the July-September period of the previous year, the company recorded a consolidated net profit of 318.28 crore rupees. In the September quarter of fiscal year 27, the company's operating revenue increased by 34.57%, amounting to 6,432 crore rupees, compared to 4,779.33 crore rupees in the same period last fiscal year.

Havells' total expenses amounted to 5,991.98 crore rupees, which is 34.47% higher than the previous year. Chairman and Managing Director Anil Rai Gupta noted that the second quarter demonstrated strong business performance, including revenue growth of about 35% year-on-year and EBITDA growth of about 30%, despite stable demand amidst inflation.

Despite ongoing macroeconomic uncertainties, Anil Rai Gupta expressed optimism regarding the upcoming festive season. In the September quarter, Havells' switchgear business segment showed a revenue growth of 31.3% to 782 crore rupees. This growth was supported by increased domestic demand and the recovery of exports after disruptions in June.

The cables segment demonstrated impressive revenue growth of 47.9%, reaching 2,999 crore rupees. The growth was ensured by price increases related to raw materials, as well as a shift in the product portfolio towards larger cables. Revenue from lighting fixtures and lamps increased by 7% to 449 crore rupees due to improved demand and price stabilization.

The Consumer Electrical Goods (ECD) segment increased revenue by 10.7%, reaching 1,072 crore rupees, with growth observed across all product categories. Havells' renewable energy business continued to scale rapidly, doubling its revenue to 329 crore rupees in the September quarter, reflecting the expansion of this area. Lloyd Consumer, a consumer goods division acquired by Havells in 2017, increased revenue by 28.4% to 615 crore rupees due to increased sales volume and price hikes.

Havells India' total revenue, including other income, stood at 6,464.60 crore rupees, which is 32.86% higher in the second quarter of fiscal year 27. On Thursday, Havells India Ltd shares closed at 1,075.60 rupees on the BSE, showing a rise of 0.42% compared to the previous close.

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