Shares of Hindustan Unilever Ltd (HUL) experienced a notable decline on Wednesday, dropping 2.97 percent to Rs 1,766. This downturn occurred after the Fast-Moving Consumer Goods (FMCG) major announced its September quarter (Q2) results for the fiscal year 2027. The stock's intraday low of Rs 1,766 brought it within 0.42 percent of its 52-week low of Rs 1,758.60, recorded in the previous trading session.
Q2 FY27 Financial Performance Highlights
Despite the dip in share price, HUL reported a solid increase in its financial performance for Q2 FY27. The company's consolidated net profit saw a 3.91 percent year-on-year (YoY) rise, reaching Rs 2,790 crore, up from Rs 2,685 crore in the corresponding quarter of the previous year.
Consolidated revenue from operations also demonstrated strong growth, increasing by 14.78 percent YoY to Rs 18,037 crore, compared to Rs 15,734.74 crore in Q2 FY26.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 8 percent YoY, totaling Rs 4,089 crore. The EBITDA margin stood at 22.6 percent, aligning with the company's guided range.
Interim Dividend Announcement
Alongside its quarterly results, HUL declared an interim dividend of Rs 19 per equity share for FY27. The record date for determining eligible shareholders has been set for November 12, with the dividend slated for payment on November 25.
Priya Nair, CEO and Managing Director of HUL, commented on the results, stating, "In September quarter, we delivered 15 percent Underlying Sales Growth, our highest in the last 14 quarters, with Turnover of Rs 18,071 crores. Underlying Volume Growth was strong at 7 percent reflecting sustained momentum driven by our focus on crafting desirable brands and strengthening future-fit Go-to-Market." She added, "Indian economy remains resilient, with healthy macro indicators supporting a positive consumption environment. We continue to invest in building long-term capabilities and remain anchored to the 'Winning in New India' strategy of delivering competitive, volume-led profit growth."
For the first half of FY27, HUL recorded a turnover of Rs 35,255 crore, with underlying sales growth (USG) of 12 percent and underlying volume growth (UVG) of 6 percent.