HUL Q2 FY26 Outcomes Preview: Mumbai-headquartered FMCG big Hindustan Unilever Ltd (HUL) is scheduled to report its monetary outcomes on Thursday, October 23. Analysts count on the corporate — whose widespread manufacturers embody Pink Label, CloseUp, Taj Mahal and Dove — to stage a lacklustre monetary efficiency for the July-September interval amid delicate quantity development and unstable edible oil charges.
HUL Q2 Earnings Preview | What’s going to the FMCG big’s prime and backside strains appear like?
In keeping with Zee Enterprise analysis, HUL is estimated to register a consolidated internet revenue of Rs 2,520 crore for the quarter ended September 30, translating to a 2.7 per cent decline in comparison with the corresponding interval a yr in the past.
The analysts estimate its second-quarter income to drop 0.8 per cent to Rs 15,800 crore.
HUL Q2 Outcomes Preview | How will the Vim bar maker carry out operationally?
The FMCG agency is ready to register Rs 3,558 crore in second-quarter earnings earlier than curiosity, taxes, depreciation and amortisation (EBITDA), marking a fall of 6.2 per cent on a year-on-year foundation, based on the analysis.
Its margin — a key measure of profitability — is estimated at 22.5 per cent for the September quarter, as towards 23.8 per cent a yr in the past.
HUL Earnings Due on October 23 | Key issues to be careful for
Analysts anticipate the GST 2.0 reforms to have impacted about 40 per cent of the FMCG main’s portfolio.
Final month, the central authorities rolled out the most important overhaul of the nation’s oblique tax system since 2017, changing 4 important slabs with two core charges (5 per cent and 18 per cent) with an extra 40 per cent slab on luxurious and sin items like tobacco, aerated drinks and high-end vehicles.
Right here are some things buyers can count on within the upcoming earnings report:
- 2.5 per cent development in home volumes
- Pricing development to the tune of 1-3 per cent
- GST transition set to impression earnings
- Gross revenue margin could decline by 90-130 bps
As of October 20, the HUL inventory has declined 3.4 per cent thus far in 2025, underperforming an 8.9 per cent acquire within the Nifty50.

