5.2% of its net sales.
HUL pays royalties on specific brands, where Unilever owns the patents and pays royalties on sales of products manufactured with technical inputs developed by Unilever. HUL had a turnover of R22,116 crore for the fiscal 2011-12. Over a two year period, the Sensex has returned 19.5% while HUL gained 25%.
“The pace of innovations and the scope of services have expanded over the years, and as a consequence, HUL is enjoying the benefits of an increasing stream of new products and innovations, backed by technology and knowhow from Unilever,” HUL said in a media statement.