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The Economic Times

Business

Veer Sharma

HUL Q1 Results: Revenue rises 10% YoY to Rs 17,341 crore, but profit falls 3% on one-off tax credit

FMCG major Hindustan Unilever (HUL) on Tuesday reported a 3% year-on-year (YoY) decline in consolidated net profit to Rs 2,673 crore for the first quarter of FY27, missing analysts' estimates. The company had posted a net profit of Rs 2,756 crore in the corresponding quarter last year. HUL attributed the decline in profit after tax (PAT) to a one-off tax credit in the year-ago period.

Revenue from operations, however, rose 10% YoY to Rs 17,341 crore in Q1 FY27 from Rs 15,757 crore in the corresponding quarter of the previous financial year.

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