'
HUL hosted a conference call on Oct 23,
2024. In the conference call, company was represented by, Mr Rohit Jawa- CEO
and Managing Director and Mr. Ritesh Tiwari- CFO.
Key takeaways of the call
In Q2 FY25, the company delivered underlying volume growth (UVG)
of 3% YoY and underlying sales growth (USG) was 2%.
FMCG demand witnessed moderating growth in urban markets
while rural continued to recover gradually.
The board has decided to separate the Ice Cream business, which
accounts for 3% of HUL''s turnover. This category is experiencing high growth
and requires substantial investments to reach its full potential.
This portfolio restructuring will enable HUL to sharpen
focus on the core business and further strengthen its play in trending demand
spaces such as Beauty, Foods, Health and Wellbeing. It will also enable the Ice
Cream business to...
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