Revenue from operations rose 1.79% to Rs 15,195 crore in Q3 FY25 as compared with Rs 14,928 crore in Q3 FY24. Profit before exceptional item tax (PBIT) increased marginally 0.2% to Rs 3,469 crore in Q3 FY25 as compared with Rs 3,462 crore in Q3 FY24. Exceptional items stood at Rs 509 crore in Q3 FY25. The company reported an underlying sales growth (USG) of 2% and a flat underlying volume growth (UVG) in Q3 FY25. EBITDA stood at Rs 3,570 crore in Q3 FY25, up 0.85% as compared with Rs 3,540 crore in Q3 FY24. EBITDA margin fell 20 bps to 23.5% in Q3 FY25 as against 23.7% in Q3 FY24. During the quarter, home care USG was 6% led by high-single digit UVG in Fabric Wash and Household Care. Household Care achieved high-single digit UVG led by outperformance in dishwash. Beauty & wellbeing reported a 1% growth while UVG witnessed a low-single digit decline. Hair Care delivered mid-single digit competitive volume growth driven by strong growth in Dove, Tresemme and Clinic Plus. Performance was broad-based across sachets and formats of the future. Dove's Hair and Scalp Therapy and Tresemme's Silk Press range were introduced to further strengthen our future core and market makers portfolio. Personal Care declined 4% with mid-single digit volume decline. Positive momentum witnessed in non-hygiene segment. Bodywash continued to strengthen its market leadership with strong double-digit growth. Oral Care delivered mid-single digit growth led by Closeup. Foods had a flat USG with mid-single digit price growth offset by decline in volume. Tea delivered low-single digit growth led by premium brands such as 3 Roses and Taj Mahal. Coffee grew double-digit, led by strong performance in organized trade. On the outlook front, the company expects moderation in consumption trends to continue in the near term. If commodity prices remain stable, low-single digit price growth is anticipated, and EBITDA is expected to be maintained at the lower end of its range of 23-24%. Rohit Jawa, CEO and managing director, said, 'FMCG demand trends remained subdued with continued moderation in urban growth while rural sustained its gradual recovery. In this operating context, we delivered competitive growth by driving unmissable brand superiority, investing behind brands and capabilities whilst maintaining healthy margins. In line with our strategic intent to transform our portfolio in fast-growing spaces, I am excited to announce the acquisition of the premium actives-led beauty brand Minimalist. This acquisition is another key step to grow our Beauty & Wellbeing portfolio in the high growth masstige beauty segment. We continue to make progress on unlocking a billion aspirations by contemporizing our core business, driving premiumization through our future core business and ushering market-making in new demand spaces. While we keep a close watch on the pace of recovery and the broader economic outlook in the short term, we remain confident of the medium to long term opportunity in the Indian FMCG sector and HUL's ability to grow competitively.' Meanwhile, in consideration of the demerger of the ice cream business, the company will issue one equity share of the demerged company for every equity share held in the existing company, i.e., in a 1:1 ratio. Further, HUL has acquired the homegrown skincare brand Minimalist at a pre-money valuation of Rs 2,955 crore (nearly $350 million). The board at HUL has entered into a share purchase agreement for the acquisition of 90.5% of Minimalist shares at a cash consideration of Rs 2,670 crore (secondary buyout) along with Rs 45 crore as a primary infusion in the company. The transaction is expected to be completed in Q1 FY2026 and the remaining 9.5% shareholding of uprising in about two years from the completion date. Furthermore, the company's board approved to the acquisition of the palm undertaking of Vishwatej Oil Industries. The proposed plan involves setting up sapling nurseries, palm fresh fruit bunch collection centres and a state-of-the-art palm oil mill in the state. HUL will establish a comprehensive farmer outreach programme to provide technical assistance to farmers for growing palm oil and introduce the best-in-the-class farming practices in line with the company's global sustainable and regenerative agriculture principles. Hindustan Unilever is India's largest fast moving consumer goods company. The counter declined 1.06% to Rs 2318 on the BSE.Powered by Capital Market - Live

Securities in F&O Bank: IndiaMART InterMESH, Punjab National Bank, Aditya Birla Fashion & Retail, Bandhan Bank, Can Fin Homes, Dixon Technologies, L&T Finance, Manappuram Finance, Mahanagar Gas, RBL Bank were banned from F&O trading on 23 January 2025. Earnings Today: UltraTech Cement, Dr Reddy's Laboratories, Hindustan Petroleum Corporation, Indus Towers, United Spirits, Adani Energy Solutions, Adani Green Energy, Amber Enterprises India, Capri Global Capital, Cyient, Greaves Cotton, Indian Energy Exchange, KFin Technologies, Mankind Pharma, Mphasis, Nippon Life India Asset Management, Senores Pharmaceuticals, Sona BLW Precision Forgings, Spandana Sphoorty Financial, Suryoday Small Finance Bank, Syngene International, Tejas Networks, Thyrocare Technologies, Ujjivan Small Finance Bank, V2 Retail, and Zee Entertainment Enterprises will announce their quarterly later today. Stocks to Watch: Hindustan Unilever (HUL) reported a 19.13% jump in standalone net profit to Rs 3,001 crore in Q3 FY25 as compared with Rs 2,519 crore in corresponding quarter last year. Revenue from operations rose 1.79% to Rs 15,195 crore in Q3 FY25 as compared with Rs 14,928 crore in Q3 FY24. Bharat Petroleum Corporation (BPCL) reported a 36.85% jump in standalone net profit to Rs 4,649.20 crore in Q3 FY25 as against Rs 3,397.27 crore posted in Q3 FY24. Net sales (excluding excise duty) declined 2.02% year on year (YoY) to Rs 1,13,135.8 crore in the December 2024 quarter. Pidilite Industries reported a 18.8% increase in consolidated net profit to Rs 534.56 crore in Q3 Fy25 as compared with Rs 450.15 crore in Q3 FY24. Net sales rose 5.2% YoY to Rs 3,234.91 crore during the quarter. Laurus Labs' subsidiary in New Jersey received form 483 with one observation from USFDA. Inspection was conducted from 13 to 21 January 2025. Persistent Systems' consolidated net profit jumped 14.77% to Rs 372.99 crore in Q3 FY25 as compared with Rs 325 crore in Q2 FY25. Revenue from operations increased 5.7% QoQ to Rs 3,062.28 crore in Q3 FY25. Paras Defence has signed memorandum of understanding with Maharashtra Government for for the proposed Optics Park Project in Navi Mumbai, Maharashtra. This prestigious Optics Park Project is set to commence in the year 2028. Piramal Pharma's Piramal Critical Care ('PCC') Division has launched Chlorpromazine Hydrochloride for Injection, USP. With this launch, PCC continues to expand its generic injectables portfolio.Powered by Capital Market - Live

Hindustan Unilever has executed Share Purchase and Subscription Agreement (SPSA) for acquisition of 90.5% of shareholding of Uprising Science (Uprising) comprising secondary buyout for a cash consideration of Rs 2670 crore at a pre-money Enterprise Valuation of Rs 2955 crore (subject to adjustments as set out in the SPSA) and a primary infusion of Rs 45 crore, with an eventual acquisition of the remaining 9.5% of Uprising's shareholding as per the terms set out therein (Proposed Acquisition).Powered by Capital Market - Live

Revenue from operations rose 1.79% to Rs 15,195 crore in Q3 FY25 as compared with Rs 14,928 crore in Q3 FY24. Profit before tax (PBT) jumped 15.59% YoY to Rs 3,978 crore in Q3 FY25. The company reported an underlying sales growth (USG) of 2% and a flat underlying volume growth (UVG) in Q2FY25. EBITDA stood at Rs 3,570 crore in Q3 FY25, up 0.85% as compared with Rs 3,540 crore in Q3 FY24. EBITDA margin fell 20 bps to 23.5% in Q3 FY25 as against 23.7% in Q3 FY24. During the quarter, home care USG was 6% led by high-single digit UVG in Fabric Wash and Household Care. Household Care achieved high-single digit UVG led by outperformance in dishwash. Beauty & wellbeing reported a 1% growth while UVG witnessed a low-single digit decline. Hair Care delivered mid-single digit competitive volume growth driven by strong growth in Dove, Tresemme and Clinic Plus. Performance was broad-based across sachets and formats of the future. Dove's Hair and Scalp Therapy and Tresemme's Silk Press range were introduced to further strengthen our future core and market makers portfolio. Personal Care declined 4% with mid-single digit volume decline. Positive momentum witnessed in non-hygiene segment. Bodywash continued to strengthen its market leadership with strong double-digit growth. Oral Care delivered mid-single digit growth led by Closeup. Foods had a flat USG with mid-single digit price growth offset by decline in volume. Tea delivered low-single digit growth led by premium brands such as 3 Roses and Taj Mahal. Coffee grew double-digit, led by strong performance in organized trade. On outlook front, the company expects the moderation in consumption trends to continue in near term, if commodity prices remain where they are, low-single digit price growth expected and EBITDA to be maintained at the lower end of its range of 23-24%. Rohit Jawa, CEO and managing director, said, 'FMCG demand trends remained subdued with continued moderation in urban growth while rural sustained its gradual recovery. In this operating context, we delivered competitive growth by driving unmissable brand superiority, investing behind brands and capabilities whilst maintaining healthy margins. In line with our strategic intent to transform our portfolio in fast-growing spaces, I am excited to announce the acquisition of the premium actives-led beauty brand Minimalist. This acquisition is another key step to grow our Beauty & Wellbeing portfolio in the high growth masstige beauty segment. We continue to make progress on unlocking a billion aspirations by contemporizing our core business, driving premiumization through our future core business and ushering market-making in new demand spaces. While we keep a close watch on the pace of recovery and the broader economic outlook in the short term, we remain confident of the medium to long term opportunity in the Indian FMCG sector and HUL's ability to grow competitively.' Meanwhile, in consideration of the demerger of the ice cream business, the company will issue one equity share of the demerged company for every equity share held in the existing company, i.e., in a 1:1 ratio. Further, the FMCG company has signed an agreement to acquire 90.5% stake in the business through secondary buyouts at a pre-money enterprise value of Rs 2,955 crore (subject to adjustments as per the transaction documents) and primary infusion. Balance 9.5% will be acquired from the founders in two years as per terms set out in the transaction documents. Transaction is expected to close in Q1 FY26, subject to applicable regulatory approvals and customary closing conditions Furthermore, the company's board approved to the acquisition of the palm undertaking of Vishwatej Oil Industries. The proposed plan involves setting up sapling nurseries, palm fresh fruit bunch collection centres and a state-of-the-art palm oil mill in the state. HUL will establish a comprehensive farmer outreach programme to provide technical assistance to farmers for growing palm oil and introduce the best-in-the-class farming practices in line with the company's global sustainable and regenerative agriculture principles. Hindustan Unilever is India's largest fast moving consumer goods company.Powered by Capital Market - Live

Net profit of Hindustan Unilever rose 18.93% to Rs 2984.00 crore in the quarter ended December 2024 as against Rs 2509.00 crore during the previous quarter ended December 2023. Sales rose 1.94% to Rs 15590.00 crore in the quarter ended December 2024 as against Rs 15294.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales15590.0015294.00 2 OPM %23.7023.96 - PBDT3816.003788.00 1 PBT3475.003475.00 0 NP2984.002509.00 19 Powered by Capital Market - Live

Earlier on 25 November 2024, HUL's board approved the demerger of its ice-cream business into an independent listed entity and incorporation of a wholly owned subsidiary for the proposal. The firm also proposed that the shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HUL, subject to necessary approvals and procedures. The diversified FMCG company incorporated WOS, Kwality Wall's (India) (KWIL) with an initial share capital of Rs 5 crore divided into 5 crore equity shares of face value Re. 1 each. KWIL has been incorporated with the main object of engaging in manufacture, marketing, distribution and sale of ice creams, frozen desserts (both dairy and non-dairy), frozen snacks, frozen vegetables and frozen processed food of all kinds. Hindustan Unilever is India's largest fast moving consumer goods company. The company reported 3.86% decline in standalone net profit to Rs 2,612 crore on 1.94% increase in revenue from operations to Rs 15,319 crore in Q2 FY25 over Q2 FY24. The scrip declined 0.29% to Rs 2,434.75 on the BSE. Powered by Capital Market - Live

Hindustan Unilever will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live

Hindustan Unilever Ltd rose for a third straight session today. The stock is quoting at Rs 2453.7, up 2.19% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.62% on the day, quoting at 23543.05. The Sensex is at 77705.65, down 0.57%. Hindustan Unilever Ltd has added around 2.35% in last one month. Meanwhile, Nifty FMCG index of which Hindustan Unilever Ltd is a constituent, has added around 2.27% in last one month and is currently quoting at 56967.6, up 1.48% on the day. The volume in the stock stood at 15.25 lakh shares today, compared to the daily average of 14.18 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 2458, up 2.14% on the day. Hindustan Unilever Ltd is down 4.8% in last one year as compared to a 8.9% spurt in NIFTY and a 2.6% spurt in the Nifty FMCG index.The PE of the stock is 55.51 based on TTM earnings ending September 24.Powered by Capital Market - Live

The firm proposed that the shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HUL, subject to necessary approvals and procedures. In September, the board had constituted a committee of independent directors of the company to evaluate the prospects and way forward for the ice cream business pursuant to Unilever's decision to separate their ice cream business. Based on the recommendation of this committee, the board had announced the separation of the business in October 2024. The FMCG major stated, 'Ice cream is a high-growth business with iconic brands such as 'Kwality Wall's', 'Cornetto' and 'Magnum', operating in an attractive category, and has mid to high single digit profitability. The demerger of ice cream business will create a leading listed ice cream company in India, which will have a focused management with greater flexibility to deploy strategies suited to its distinctive business model and market dynamics thus realising its full potential. Further, the business will continue to be equipped with the portfolio, brand and innovation expertise from the largest global Ice Cream business enabling it to keep winning in the marketplace. A separate listed entity will unlock fair value for HUL shareholders and give them the flexibility to stay invested in ice cream's growth journey. Demerger will also facilitate a smoother transition for business as well as our people.' Hindustan Unilever is India's largest fast moving consumer goods company. The company reported 3.86% decline in standalone net profit to Rs 2,612 crore on 1.94% increase in revenue from operations to Rs 15,319 crore in Q2 FY25 over Q2 FY24. The scrip declined 0.26% to Rs 2,476.80 on the BSE. Powered by Capital Market - Live

Hindustan Unilever has on 1st November 2024 has completed the sale and divestment of its Water Purification business carried under the brand 'Pureit' as a going concern on slump sale basis, to A. O. Smith India Water Products Private Limited.Powered by Capital Market - Live