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Home care, food & beverage boost Q2 revenue for HUL: Key takeaways

Oct 15, 2019 - The Economic Times
Board and Executive Moves

Hindustan Unilever (HUL) delivered robust year-on-year growth in profit amid demand slowdown thanks to better performance is homecare, food and refreshment segments.Volume growth slowed to 5 per cent for the quarter compared with a 10 per cent expansion in the year-ago quarter. Here are key takeaways from the Q2 numbers of HUL:Marginal effect of tax cut on profitThe corporate tax rate cut had little effect on Hindustan Unilever's profit figure. It posted a 21 per cent year-on-year (YoY) rise in ...