HUL profit declines 1st time since Covid-hit March 20220 qtr
by Times of India
Times of India— MUMBAI: India's largest FMCG company HUL on Wednesday reported a nearly 6% year-on-year decline in net profit to Rs 2,406 crore on a standalone basis in the March quarter. This marked the company's first YoY drop in net profit since the Covid-impacted March 2020 quarter and the biggest drop since the Dec 2015 quarter, data sourced from Refinitiv showed. "If you see HUL's segmental results, you will see pricing growth impacted for both their biggest categories - home care and BPC (beauty &...
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