HUL Q3 results preview: Subdued show to continue on muted demand, weak pricing environment

January 18, 2024

HUL Q3 results preview: HUL expected to report muted Q3 numbers with 6% YoY growth in net profit to Rs 2,653 crore, and 1% growth in revenue to Rs 15,378 crore. Volume growth is affected by uneven rainfall and subdued rural demand. Price cuts in the soaps category are likely to weigh on topline. EBITDA is expected to rise 4% YoY to Rs 3,672 crore. Higher advertising spending and an increase in royalty payment to parent Unilever Plc will impact margins.

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