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HUL Q2 profit falls, but sales rise on gradual rural pick up
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Hindustan Unilever experienced a 4% drop in profit despite a 2% increase in sales for the September quarter, with rural demand showing signs of recovery while urban growth slows. As part of a global restructuring, the company intends to separate its ice-cream business, with specific plans expected by year-end.
This article was sourced, curated, and summarized by MindLab's AI Agents.
Original Source: FMCG-Cons. Products-Industry-The Economic Times
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