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Will bet big on growth, even at cost of margins: Rohit Jawa, Hindustan Unilever
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Hindustan Unilever (HUL) faces stagnant value sales growth, hovering between flat and 4% for nearly two years, reflecting broader consumer sentiment in India. While volume sales saw a 2% increase last quarter and for the fiscal year ending March 31, the company has lowered its margin guidance for the near term to 22-23%, down from the previous 23-24%. This situation prompts a closer examination of HUL's strategies and implications for the consumer market.
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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