HUL posts 15% sales growth, declares ₹19 dividend; stock falls 1.8%
FMCG major posted consolidated turnover of ₹18,071 crore for Q2 FY2026, up 15% USG driven by 7% UVG
Hindustan Unilever Limited (HUL) announced a 15% increase in underlying sales (USG) for the quarter ending September 30, 2026, marking its highest growth in 14 quarters. This sales surge, driven by a 7% rise in volume growth, resulted in a consolidated turnover of ₹18,071 crore. EBITDA increased by 8% year-on-year to ₹4,089 crore, with margins at 22.6%, down 140 basis points.
Profit after tax (PAT) grew 9% to ₹2,795 crore, while reported PAT remained flat at ₹2,796 crore due to a one-off tax gain. The board declared an interim dividend of ₹19 per share, with payment scheduled for November 25, 2026. HUL's stock fell 1.8% to ₹1,779.80 on the NSE after the results announcement, near its 52-week low. Despite the positive performance, the stock has declined roughly 29% over the past year and nearly 23% year-to-date, underperforming the Nifty 50.
Management expects FY27 to outperform FY26, driven by their "Winning in New India" strategy, despite ongoing commodity inflation.
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