HUL to See FY26 Growth on Better Demand, Lower Prices

Firm expects demand to surge on monetary stimulus, lower inflation and better farm output

- Suneera Tandon

Hindustan Unilever Ltd (HUL) expects demand conditions to improve over this financial year, aided by broad monetary stimulus, lower food and crude inflation, and higher agricultural output, helping India's largest consumer goods company drive up its sales volume.

For fiscal year 2024-25, turnover surpassed ₹60,000 crore for the maker of Dove soaps and Kissan sauces and jams. The company reported a 2% increase in sales, a similar rise in volume growth, and a 5% growth in earnings per share (EPS). Profit for the fiscal year improved 5% to ₹10,644 crore.

"Looking ahead, we expect demand conditions to improve gradually over the next fiscal year," Hindustan Unilever said in its annual report for 2024-25. "Macro conditions will benefit from monetary stimulus, lower food and crude inflation and higher agricultural output. In this context, our focus remains on driving competitive volume-led growth across our business."