Published Nov 19, 2025 4 Min Read

HUL Q1 FY26 Results Overview

HUL Q1 Revenue & Net Profit Growth

In Q1 FY26, HUL’s revenue growth of 7% YoY to Rs. 16,716 crore reflects strong consumer demand across categories such as home care, personal care, and foods & refreshments. Net profit (PAT) rose by 6% YoY to Rs. 2,768 crore, signalling stable operational performance despite margin pressures.

MetricValueYoY Change
RevenueRs. 16,716 crore+7%
Net Profit (PAT)Rs. 2,768 crore+6%

Revenue growth was driven by HUL’s diversified product portfolio and ability to adapt pricing to market conditions. The slight contraction in margins reflects higher operational costs, partly due to rising raw material prices and increased marketing initiatives.

HUL Q1 EBITDA Margin & Underlying Volume Growth

HUL’s EBITDA margin declined to 22.8% in Q1 FY26, down 130 bps YoY, due to strategic investments in advertising, brand promotion, and operational efficiency.

MetricValueYoY Change
EBITDA Margin22.8%−130 bps
Underlying Volume Growth (UVG)4%
Price-led Growth (USG)5%

Volume growth of 4% highlights HUL’s focus on boosting consumption through competitive pricing and product innovation. Price-led growth of 5% indicates the company’s success in balancing premiumisation with affordable offerings.

HUL Q1 Segment Highlights

HUL’s Q1 FY26 results include notable segment-specific developments:

  • Exceptional Charge: Rs. 127 crore, primarily related to restructuring and operational scaling costs.
  • Higher Marketing Spend: Increased advertising and promotional expenditure contributed to margin compression but is expected to support long-term volume-led growth.

These investments reflect HUL’s strategy to maintain market leadership while addressing changing consumer preferences and expanding its footprint in high-growth categories.

HUL Q1 Outlook & Management Commentary

HUL’s management continues to be optimistic about growth prospects, guided by the ASPIRE framework, which emphasises volume-led expansion through affordable pricing, innovation, and premiumisation strategies.

The company’s balanced approach to price and volume reflects a commitment to sustainable growth while navigating operational and market challenges.

Conclusion

HUL’s Q1 FY26 results offer a detailed perspective on its financial performance and strategic initiatives. Revenue growth and volume expansion remain robust, yet the margin pressures highlight the investment required to sustain long-term competitiveness.

For stakeholders, reviewing quarterly results such as HUL’s Q1 performance is key to understanding market trends, corporate strategy, and operational resilience in India’s FMCG sector.

Frequently Asked Questions

What was HUL’s net profit for Q1 FY26?

HUL reported a net profit (PAT) of Rs. 2,768 crore in Q1 FY26, up 6% YoY, supported by strong revenue growth and effective market adaptation.

Why did HUL’s EBITDA margin decline in Q1 FY26?

The EBITDA margin fell by 130 bps to 22.8%, mainly due to higher marketing spends and operational investments designed to support long-term volume-led strategies.

What exceptional charge did HUL incur in Q1 FY26?

HUL recorded an exceptional charge of Rs. 127 crore, associated with restructuring and investments to enhance operational efficiency.

What strategy did HUL adopt for volume-led growth?

HUL’s ASPIRE framework focuses on expanding volumes through affordable pricing, product innovation, and premiumisation, aiming to strengthen market leadership while maintaining growth momentum.

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