GST rate cut benefits begin reflecting in HUL Q3 numbers: Kaustubh Pawaskar

February 12, 2026

Hindustan Unilever Ltd (HUL) reported quarterly revenues largely in line with expectations, while its margins surprised investors by exceeding forecasts. This upside in profitability was attributed to improving trends in key segments and the gradual impact of GST rate cuts, offering some comfort amid a challenging consumption environment.

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