HUL’s Q1FY25 Quarter Results

• HUL reported a 3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY25). On a year-on-year (YoY) basis, it witnessed a growth of 1.8%.
• Its expenses for the quarter were up by 2% QoQ and YoY.
• The net profit grew 2% QoQ and YoY.
• The earnings per share (EPS) of HUL stood at 11.1 during Q1FY25.

HUL’s Financial Statements for Q1FY25:

Financials

• Sales Growth: Total sales reached Rs.15,523 crores, marking a 2% increase for the quarter.
• EBITDA: EBITDA stood at Rs.3,744 crores, growing by 2%, with a margin of 24.1%, up by 10 bps from JQ23.
• Profit: Profit after tax was Rs.2,612 crores, up by 2%.
• Exceptional Items: JQ24 restructuring expenses were Rs.48 crores. No acquisition/disposal-related savings in JQ24.

Management Commentary

Rohit Jawa, CEO & Managing Director, Hindustan Unilever Limited, on the earnings call, said

• Market volume recovery over the last two years has been gradual and lower than desired due to sustained high inflation and erratic weather patterns.
• Rural growth, previously outpacing urban growth, has lagged behind urban growth in the past year.
• Recent months have shown some positive signs of rural demand recovery, but over a two-year CAGR, rural growth still lags behind urban growth.
• Ongoing monitoring of rural progress is crucial.
• Several critical factors could influence the pace of recovery, including continued inflation trends, weather conditions and their impact on agriculture, government policies and interventions, and market and consumer sentiment in rural areas.

Data Source: BSE, Company announcements
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