Results Review for Hindustan Unilever, UltraTech Cement, Bajaj Auto, Havells India
Results Review for Hindustan Unilever, UltraTech Cement, Bajaj Auto, Havells India
Hindustan Unilever (NS:): HUL results were a mixed bag, with revenue growth at 12.7% YoY (HSIE 11.4%) and EBITDA growth at 7.7% (HSIE 8.5%). The consumer business revenue grew by 12% YoY (2% two-year CAGR) with UVG of 9% YoY (flat two-year CAGR). The health, hygiene, and nutrition portfolio sustained healthy growth (8% YoY), with its mix increasing to 85%, from 80%. Market share gains continued,…
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