Hindustan Unilever Ltd
FMCG
HUL to separate ice cream business, does independent valuation
PTI -
The ice cream business, which contributes 3 per cent to HUL’s turnover, has a different operating model, including cold chain infrastructure, and a distinct channel landscape, which limits synergies with other businesses of the companyNew Delhi: Hindustan Unilever Ltd...
Latest News
HUL Q2 profit down 2.33 pc to Rs 2,595 cr, sales up 2.36% to Rs 15,703 cr
PTI -
The company had logged a net profit of Rs 2,657 crore in the July-September quarter a year ago, HUL said in a regulatory filing.New Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Wednesday reported a 2.33% decline in consolidated...
FMCG
Hindustan Unilever shares drop over 3% after Q1 earnings
PTI -
The stock went lower by 3.33 per cent to Rs 2,674.10 on the BSE and at the NSE, it declined 3.29 per cent to Rs 2,675.10New Delhi: Shares of Hindustan Unilever Ltd (HUL) on Wednesday declined over 3 per...
FMCG
HUL Q1 profit up 2.2% to Rs 2,612 crore
PTI -
The company's revenue from product sales was marginally up 1.68 per cent at Rs 15,497 crore as against Rs 15,240 crore in the year-ago periodNew Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Tuesday reported 2.2 per cent rise...
Consumer Durables & IT
HUL to sell water purification business Pureit to AO Smith India
PTI -
AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024New Delhi: Hindustan Unilever Ltd. on Monday announced the sale of its water purification business under the Pureit brand to AO Smith India Water Products...
Consumer Durables & IT
Whirlpool of India and HUL enter collaboration to market Surf Excel
PTI -
The integration of innovative technologies from both brands will help in delivering superior fabric careNew Delhi: Appliance and washing machine maker Whirlpool of India and Hindustan Unilever Ltd (HUL) on Wednesday announced a new marketing alliance for Surf Excel,...
Finance & Funding
Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV
PTI -
Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever chief executive Sanjiv Mehta has teamed up with the world's largest consumer-focused investment firm L Catterton to launch an India-focused...
FMCG
Evaluating various future options for ice cream business in India, says HUL
PTI -
The company intends to transform itself into a simpler, more focused and higher-performing company by separating the ice cream business, a move expected to result in a loss of 7,500 jobs.New Delhi: Hindustan Unilever on Tuesday said it is...
FMCG
HUL Q4 net up 12.74% at Rs 2,601 cr; net sales up 10.83% at Rs 14,926 cr
PTI -
HUL delivered strong performance with turnover growth of 11 per cent and underlying volume growth of 4 per centNew Delhi: FMCG major Hindustan Unilever Ltd on Thursday reported an increase of 12.74 per cent in its consolidated net profit...
Big Grid
HUL and More Retail create a perfect storm in the natural care tea category
The activation exercise mounted jointly helped HUL to drive premiumization in the tea category overall, recruit 26,000 new customers for its red-label natural care tea and retain 34% of their numbers in the following months as well. Mumbai: The partnership...
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Latest News
New Balance opens 2nd store in Pune
The latest New Balance store is located at Phoenix Marketcity Mall, Viman Nagar, PuneBengaluru: US-based sports footwear and apparel...
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