Hindustan Unilever Limited (HUL) reported a 3.8 per cent YoY profit growth in the second quarter of fiscal year 2025-26. The company posted a consolidated net profit of Rs 2,694 crore in Q2 FY26. Last fiscal year, the company’s consolidated net profit in the second quarter was Rs 2,595 crore.

HUL posted a moderated 2.1 per cent YoY revenue growth in the September quarter. The FMCG major’s consolidated revenue in Q2 FY26 stood at Rs 16,034 crore, while its revenue in the corresponding quarter of FY25 was at Rs 15,703 crore.

While Hindustan Unilever’s profit growth in the quarter remained moderate, the company has announced an interim dividend of Rs 19 per equity share. The company has fixed November 7 as the record date and will pay the dividend to the eligible shareholders on November 20. 

HUL EBITDA declines 

Further, HUL reported an EBITDA of Rs 3,729 crores in the quarter. In the same quarter of the previous fiscal year, the company’s EBITDA was at Rs 3,793 crore. Its EBITDA margin declined by 90 basis points year-over-year. HUL’s EBITDA margin in Q2 FY26 stood at 23.2 per cent. 

As the company’s growth rate moderates,  Priya Nayar, CEO and Managing Director of HUL, has hoped for a market recovery by late Q3.

“The latest GST reforms are a positive step by the Government to drive consumption, expected to increase disposable income and improve consumer sentiment. However, the quarter saw a transitory impact as the market adjusted to these changes. We anticipate normal trading conditions starting early November, once prices stabilise, paving the way for a gradual and sustained market recovery.”

Segment-wise performance

HUL reported a consolidated underlying sales growth of 2 per cent in the quarter, and the company’s volume growth remained flat. The company’s Home care segment reported flat volume growth and about 5 per cent sales growth in the quarter. 

HUL’s Beauty & Wellbeing segment delivered 5 per cent underlying sales growth in the quarter. The majority of the growth in the segment was seen in the skin care and Health & Wellbeing products.  The growth in the personal care segment of the FMCG major remained flat in the quarter, while the food vertical saw a mild 3 per cent USG with low single-digit UVG.