HUL reports steady FY25 performance with turnover crossing Rs 60,000 Cr

Food turnover declined by 1 per cent, as price growth was offset by volume pressure

Hindustan Unilever Limited (HUL), India’s leading FMCG company, announced its financial results for the quarter and full year ended March 31, 2025, reporting steady growth amidst a challenging consumption environment.

For the quarter, HUL recorded an Underlying Sales Growth (USG) of 3 per cent and an Underlying Volume Growth (UVG) of 2 per cent. The company’s EBITDA margin stood at 23.1 per cent, marking a 30 basis point decline year-on-year. Profit After Tax, before exceptional items and overall PAT both rose by 4 per cent, reflecting stable operational performance.

Food turnover declined by 1 per cent, as price growth was offset by volume pressure. Tea posted low-single-digit growth driven by pricing, maintaining its category leadership. Coffee continued its robust performance with double-digit growth. However, the Nutrition Drinks segment faced pressure from category headwinds and changes in pricing architecture. Packaged Foods witnessed mid-single-digit growth, led by strong results in Ketchup, Mayonnaise, and International Cuisines. The Ice Cream segment delivered strong double-digit volume-led growth, buoyed by innovations and new launches.

HUL introduced several new products during the quarter, including three new flavours of Hellmann’s Mayonnaise, a ready-to-drink Bru tetra pack, and exciting ice cream variants such as Magnum Pistachio and Kwality Walls Twister.

Commenting on the results, Rohit Jawa, CEO and Managing Director of HUL, said, “In FY’25, our turnover crossed Rs 60,000 crore with USG of 2 per cent and EPS growth of 5 per cent. Despite a negative product mix impacting margins, we delivered a competitive performance and continued to strengthen our market leadership.”

Jawa highlighted key strategic moves during the year, including increased innovation in high-growth segments, deeper investments in emerging channels, the acquisition of skincare brand Minimalist, the divestment of the Pureit water business, and the decision to demerge the Ice Cream business.

Looking ahead, HUL expects a gradual recovery in demand. “We remain committed to unlocking a billion aspirations through a resilient business model and sharper portfolio focus,” Jawa added.