Hindustan Unilever Limited (HUL) announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25) on January 22, 2025.
Key Financial Highlights:
- Net Profit: HUL reported a net profit of ₹2,984 crore, marking an 18.9% year-on-year (YoY) increase.
- Revenue: The company’s revenue rose by 1.6% YoY to ₹15,818 crore.
- Underlying Volume Growth (UVG): The company posted flat UVG for the quarter, indicating stable sales volume compared to the same period last year.
Segment Performance:
- Home Care: Grew by 5.4% to ₹5,739 crore.
- Beauty and Wellbeing: Increased by 2.6% to ₹3,556 crore.
- Personal Care: Declined by 3.1% to ₹2,243 crore.
- Foods and Refreshment: Remained flat at ₹3,745 crore, with mid-single-digit price growth offset by a decline in volume.
Strategic Developments:
- Acquisition of ‘Minimalist’: HUL announced the acquisition of a 90.5% stake in the skincare brand Minimalist for ₹2,955 crore, including debt.
- Demerger of ‘Pureit’ Business: The company completed the divestment of its ‘Pureit’ water purification business, resulting in a one-time gain of ₹509 crore.
Market Dynamics:
HUL’s management noted subdued demand trends, with continued moderation in urban growth while rural markets sustained a gradual recovery. The company emphasized its focus on brand investment and maintaining healthy margins in this operating context.
These results reflect HUL’s strategic initiatives and resilience amid evolving market conditions, highlighting its commitment to growth and value creation.
