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Hindustan Unilever Ltd

HUL to separate ice cream business, does independent valuation

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...

HUL Q2 profit down 2.33 pc to Rs 2,595 cr, sales up 2.36% to Rs 15,703 cr

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...

Hindustan Unilever shares drop over 3% after Q1 earnings

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...

HUL Q1 profit up 2.2% to Rs 2,612 crore

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...

HUL to sell water purification business Pureit to AO Smith India

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...

Whirlpool of India and HUL enter collaboration to market Surf Excel

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,...

Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

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...

Evaluating various future options for ice cream business in India, says HUL

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...

HUL Q4 net up 12.74% at Rs 2,601 cr; net sales up 10.83% at Rs 14,926 cr

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...

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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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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