HUL shares down 3% as Q3 PAT falls 30% YoY to Rs 2,118 crore

Hindustan Unilever Limited (HUL) experienced a notable decline in its share price, dropping by 2.5% to Rs 2,351.40 following the announcement of its third-quarter financial results for FY26. The company reported a consolidated net profit from continuing operations of Rs 2,188 crore, a significant 30% decrease compared to Rs 3,027 crore in the same quarter the previous year. Despite this dip, HUL's overall net profit surged 121% year-on-year, reaching Rs 6,603 crore, largely due to one-off impacts from its recent portfolio transformation efforts. Revenue from continuing operations rose by 5.6% to Rs 16,441 crore, up from Rs 15,556 crore in Q3 FY25. The company's earnings before interest, tax, depreciation, and amortisation (EBITDA) increased by 3% to Rs 3,788 crore, although the EBITDA margin fell by 70 basis points to 23.3%. HUL noted a 5% underlying sales growth, bolstered by a 4% increase in volume. Looking ahead, HUL is optimistic about FY27, anticipating a stronger performance supported by macroeconomic stability and favorable policy measures. CEO Priya Nair highlighted early signs of recovery in demand, emphasizing the company's commitment to brand desirability and innovation in high-growth sectors, including Quick commerce.