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Ideas For Profiit | HUL Q4: Tough time never last, tough (nimble) supply chain do
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Hindustan Unilever's March quarterly results were below street expectations on all fronts. Domestic consumer business de-grew by 9 percent as the underlying volume contracted by 7 percent year on year mainly led by lower demand in discretionary categories. On the margin front, EBIDTA margin declined by 42 bps YoY due to operating deleverage, adverse product mix, higher advertising cost partially offset by lower raw material cost. Beauty and personal care segment, in particular, saw sales decline of 14%.
In this edition of Ideas for profit, Moneycontrol's Sakshi Batra discusses the strategy investors should adopt post-HUL's Q4 muted earnings
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In this edition of Ideas for profit, Moneycontrol's Sakshi Batra discusses the strategy investors should adopt post-HUL's Q4 muted earnings
Follow us:
#moneycontrol
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