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31-Jul-2025

HUL

Gross margin expected to improve sequentially


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HUL hosted a conference call on July 31, 2025. 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 Q1 FY26, the company reported a sales growth of 5% YoY and an underlying volume growth (UVG) of 4% YoY.

The company is observing encouraging macroeconomic trends, with moderating food prices, recent rate cuts by the RBI, and income tax reductions are all expected to support consumer demand.

The company expects H1 FY26 to outperform H2 FY25, driven by ongoing portfolio transformation and a more favorable macroeconomic environment.

During the quarter, the company witnessed sequential softening in key commodities like Palm-based derivatives, crude, and tea.

The company expect sequential improvement in Gross Margin driven by improving pr...



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