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HUL Q2 Results: Profit Meets Estimates, Volume Growth Highest In 14 Quarters As Pricing, Product Push Aid Sales Amid Inflation

Hindustan Unilever moved higher in a quarterly results development.

· NDTV Profit

HUL's September-quarter profit rose 3.9% to Rs 2,790 crore, while revenue increased 14.5% to Rs 18,226 crore. Underlying volume growth stood at 7%, and the company declared an interim dividend of Rs 19 per share.

Hindustan Unilever reported Rs 2,790 crore, Rs 18,226 crore and Rs 19, with movement of 7%, 3.9% and 14.5% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -0.7% on the day at ₹1,804.80, and has returned -16.4% over three months. It sits 28% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -10.1% over the same period, so Hindustan Unilever is running 6.3 points behind its peers.

For Hindustan Unilever, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • Rate decisions ripple straight into banks, NBFCs and every rate-sensitive sector — from real estate to autos.
  • Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
  • In focus: Hindustan Unilever (HUL) (HINDUNILVR), in FMCG.
  • Over three months: Hindustan Unilever (HUL) -16.4% against FMCG -10.1% (6.3 points behind).
  • At least 25% below the 52-week high: Hindustan Unilever (HUL) (28%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Hindustan Unilever (HUL)HINDUNILVR · FMCG₹1,804.80-0.7%-6.4%-16.4%-28.1%1.6×—

FMCG

1M -7.2% · 3M -10.1%

Hindustan Unilever (HUL)

Prices as of 28 Oct 2026, 12:55 IST. Sector moves are the average of the stocks we track in each sector.