Committed To Building Modern Brands: HUL CEO, Priya Nair The company is placing fewer bigger bets on doubling down on high growth demand spaces

On the back of early signs of demand recovery, underpinned by supportive policy measures, Hindustan Unilever Ltd (HUL) reported a 120 per cent jump in its consolidated net profit at INR 6,603 crore in Q3FY26 from INR 2,989 crore in the same period last year. The surge in the consolidated net profit is driven by a massive exceptional gain of INR 4,611 crore from the demerger of its ice cream business.

HUL's commitment to build modern brands, lead category creation and invest disproportionately to build future moats, places it in a good state to deliver sustained volume-led growth.

Priya Nair, CEO and Managing Director, said, "During the quarter, we continued to build desirability at scale with our brands, accelerate market development in high-growth demand spaces and strengthen our capabilities to scale channels of the future with a dedicated organisation for quick commerce." The company delivered a six per cent revenue growth and four per cent underlying volume growth during the quarter.

HUL's net income stood at INR 16,580 crore in the quarter under review compared with INR 15,788 crore last year.

The company is placing fewer bigger bets on doubling -down on high -growth demand spaces such as scale to accelerate masstige D2C, extending Kissan into new demand spaces, leading skin cleansing upgrades via tiered portfolio and accelerating premiumisation in laundry powders.

In the quarter, the home care business strengthened its leadership position and achieved the highest ever market share with mid-single digit UVG. The category continued to witness negative price impact due to pricing. Fabric wash delivered mid-single digit UVG, liquids portfolio accelerated its growth momentum and grew double-digit. Household care strengthened its double-digit UVG trend. Beauty & Wellbeing delivered six per cent USG with low-single digit UVG. Hair care reported volume-led double-digit growth and continued to strengthen its leadership position in the quarter. Growth was driven by outperformance in premium brands, the category maintained its strong double-digit growth momentum.

In personal care, the company recorded double-digit growth in premium skin cleansing and oral care. Personal care grew six per cent. Skin cleansing delivered mid-single digit growth. Bodywash portfolio continued to outperform and further strengthened its market leadership. Oral care posted double-digit growth with expansion in portfolio.

The foods business delivered six per cent USG led by high-single digit UVG. Tea delivered mid-single digit UVG, while revenue recorded low-single digit growth, reflecting the impact of price reductions taken in a deflationary commodity environment. Coffee continued its strong double-digit growth momentum supported by both price and volume. Lifestyle nutrition grew in high-single digits and packaged foods reported high-single digit growth led by volumes.

The company expects macro stability coupled with supportive policy measures to foster a conducive backdrop for consumption, expecting FY'27 to be better than FY'26 with portfolio and channel transformation. Focus is on driving competitive, volume -led revenue growth anchored to key priorities.

Unilever plans to establish a one India R&D organisation to double -down on design and deployment. These changes will enable acceleration in decision making and faster execution, unlocking full potential for a future -fit business. HUL continues to benefit from Unilever's scale, technology, innovations, and trademarks.