Hindustan Unilever Limited (HUL) announced its Q2 FY’26 results, reporting an Underlying Sales Growth (USG) of 2% and flat Underlying Volume Growth (UVG). The quarter’s performance reflects the transitory impact of GST changes and prolonged monsoon conditions. EBITDA margin stood at 23.2%. The Board has declared an interim dividend of ₹19 per share.
Financial Performance Overview
In Q2 FY’26, Hindustan Unilever Limited (HUL) reported an Underlying Sales Growth of 2% with flat Underlying Volume Growth. The EBITDA margin was 23.2%, lower by 90 bps year-on-year due to increased investments. Profit After Tax grew by 4%. An interim dividend of ₹19 per share has been declared.
Segment Performance
Home Care
Home Care delivered mid-single digit volume growth, resulting in flat sales growth. Successful innovations and competitive pricing actions drove performance. New products included Comfort Perfume Deluxe.
Beauty & Wellbeing
Beauty & Wellbeing saw 5% sales growth, driven by Skin Care and Health & Wellbeing. Hair Care’s turnover declined due to GST rate rationalisation. Key products launched were Pond’s Hydra Miracle Ultralight Biome moisturiser and Vaseline Cloud Soft. OZiva continued to show high growth.
Personal Care
Personal Care’s turnover growth was flat, impacted by GST rate transition. Skin Cleansing performed competitively, driven by premium soaps. Premiumisation was a key focus, marked by the re-launch of Pears and expansion of the Lux International soap range.
Foods
Foods’ sales grew by 3%, with low-single digit volume growth. Beverages (Tea and Coffee) grew in double-digits. New product launches included Horlicks PRO Fitness and BRU Gold Edition.
Strategic Outlook
HUL is focused on accelerating its portfolio transformation and future-proofing its marketing and sales capabilities. The company believes these priorities will enable it to accelerate volume-led growth.
Source: BSE
