Hindustan Unilever (HUL) reported a 120% year-on-year (YoY) jump in its Q3FY26 net profit at Rs 6,603 crore from Rs 2,989 crore reported in its Q3FY25.
This includes the profit from the Hindustan Unilever’s ice cream business which has been treated as a discontinued operation after it was demerged into Kwality Wall’s (India).
Excluding the profit from discontinued operation the FMCG firm saw a decline of 30% YoY in its net profit at Rs 2,118 crore.
The FMCG firm reported revenue from the operations at Rs 16,197 crore, up 5.71% YoY from Rs 15,322 crore reported in Q3FY25.
Key higlights from Q3FY26
On the sequential basis the company saw a jump of 145.10% from Rs 2,694 crore reported in Q2FY26. Revenue also increased 3.07% quarter-on-quarter (QoQ) from Rs 15,715 crore reported in Q2FY26.
The company reported an exceptional item (loss) of Rs 576 crore in Q3 including Rs 113 crore due to the implementation of new labour codes led to an increase in gratuity and compensated absences liability as of December 31, 2025.
HUL said it expects FY27 to be better than FY26, driven by the benefits of portfolio reshaping and continued transformation across channels. It expects a supportive consumption environment going ahead, backed by macroeconomic stability and favourable policy measures. HUL said it will focus on “driving competitive, volume-led revenue growth, anchored around its four key strategic priorities.”
HUL to acquire remaining 49% stake in Zywie Ventures for Rs 824 crore
HUL also gave an update on its acquisitions, said it will acquire the remaining 49% stake in Zywie Ventures Private for a cash consideration of Rs 824 crores. With this acquisition, Zywie Ventures and its wholly owned subsidiary Zenherb Labs will become 100% wholly owned subsidiaries of HUL.
HUL sells 19.8% stake in Nutritionalab
HUL’s board also approved the sale of its entire 19.8% stake in Nutritionalab Private Limited to USV Private for Rs 307 crores, subject to customary closing adjustments.
During the quarter, HUL delivered a 4% Underlying Volume Growth (UVG). Its total expenses istood at Rs 13,078 crore, up 6.37%.
EBITDA grew 3% YoY at Rs. 3,788 crores while EBITDA margin at 23.3% remained within the guided range.
“During the quarter, demand trends reflected early signs of recovery, underpinned by supportive policy measures,” CEO and Managing Director Priya Nair said.
Nair further said, “Against this backdrop, we delivered a competitive performance, with 6 per cent revenue growth and 4 per cent Underlying Volume Growth.” “We continued to build desirability at scale with our brands, accelerate market development in high-growth demand spaces and strengthen our capabilities to scale Channels of the Future with a dedicated organisation for Quick commerce,” she said.
HUL share price
The share price of Hindustan Unilever (HUL) declined nearly 3.64% in the intra-day trade on Thursday, hitting a low at Rs 2368.00. The stock has declined 4.29% in past six months.