With growth packed, HUL needs to box in inflation

Measures announced in the Union Budget to boost income in the hands of the consumers would be yet another trigger for the stock price in the near term.

Synopsis

Although muted, HUL’s third-quarter performance proved to be better than expected. Net sales growth of 10%, margin improvement of 100 bps, a net profit increase of 17% and strong market share gains helped offset the subdued 2% rise in volumes.

ET Intelligence Group: Although muted, HUL’s third-quarter performance proved to be better than expected. Net sales growth of 10%, margin improvement of 100 bps, a net profit increase of 17% and strong market share gains helped offset the subdued 2% rise in volumes.

One basis point is 0.01%.

The company gained market shares across categories and markets – its best in more than a decade. It posted double-digit growth in revenues and profit in

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