Hindustan Unilever Q1 FY22 Results | HUL Q1 FY2022 Results Beats Market Expectations

Hindustan Unilever Q1 FY22 Results | HUL Q1 FY2022 Results Beats Market Expectations
HUL reported an 11.06 per cent (YoY) jump in profit after tax at Rs 2,289 crore compared with Rs 2,061 crore in the same quarter last year.
This was better than Market expectation at Rs 2,185 crore.
Revenues from operations jumped 19.48 per cent YoY to Rs 14,016 crore compared with Rs 11,730 crore in the corresponding quarter last year – Market expectation was Rs 13,643 Crore
Ebitda margin for the quarter came in at 23.2%,– Market expectation was at 22.9%
The Beauty & Personal Care segment reported growth of 17 per cent. Hair Care grew in high double-digits, led by strong performance in the premium portfolio.
Soaps delivered price-led double-digit growth driven by strong performance in Lux, Dove and Pears,
HUL sold products worth Rs 14,016 crore during the quarter.
Despite unprecedented inflationary headwinds HUL has come in with good set of numbers beating market expectations. We maintain a target of 2800 on the share price

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Hul has recently started outperforming, hope it continues the momentum