Hindustan Unilever Limited (NSE:HINDUNILVR) reported its unaudited standalone and consolidated financial results for the quarter ended 30th June 2026 following a board meeting on 28th July 2026. Consolidated profit for the quarter declined to Rs 2,680 crore from Rs 2,741 crore in the corresponding quarter of the previous year, representing a year-on-year decrease of 2.2%. Total consolidated income for the quarter stood at Rs 17,529 crore, up from Rs 15,958 crore in the previous year's quarter.
Key Highlights
- Consolidated profit for Q1 FY27 was Rs 2,680 crore, down 2.2% year-on-year from Rs 2,741 crore in Q1 FY26, as per the unaudited quarterly financial results approved by the board on 28th July 2026.
- Total consolidated income for the quarter ended 30th June 2026 increased to Rs 17,529 crore from Rs 15,958 crore in the same quarter of the previous year, reflecting a year-on-year growth of 9.8%.
- Revenue from operations on a consolidated basis was Rs 17,149 crore in Q1 FY27, compared to Rs 15,552 crore in Q1 FY26, representing a year-on-year increase of 10.3%.
- Profit before tax on a consolidated basis decreased to Rs 3,632 crore from Rs 3,267 crore, while current tax expenses increased to Rs 939 crore from Rs 485 crore.
- Basic and diluted earnings per share (EPS) for continuing operations were Rs 11.38 for the quarter, unchanged from the previous year quarter's Rs 11.62 on a basic basis but showing a comparable diluted figure.
- The board approved unaudited standalone and consolidated financial results along with a limited review report from the auditors, Walker Chandiok & Co LLP, in compliance with SEBI Listing Regulations.
- The consolidated results include 23 subsidiaries and step-down subsidiaries, with Unilever Nepal Limited's results reviewed by another auditor as noted in the audit report.
About the Company
Hindustan Unilever Limited (NSE:HINDUNILVR, BSE:500696) is a leading Indian fast-moving consumer goods company headquartered in Mumbai. The company operates across multiple categories including personal care, home care, foods, and beverages through brands such as Lipton, Dove, Lux, Cif, Surf, Rin, Sunsilk, Vaseline, and Ayush. The company also owns Lakme, a premium cosmetics brand, and holds stake in Minimalist, a skincare and personal care brand with operations across multiple geographies including Indonesia, Vietnam, and Australia. Hindustan Unilever operates manufacturing facilities across India and maintains a distribution network serving retail and institutional customers nationwide. The company is a subsidiary of Unilever PLC and is listed on both the National Stock Exchange and Bombay Stock Exchange.
Announcement in Detail
The board of directors of Hindustan Unilever Limited, at its meeting held on 28th July 2026, approved the unaudited standalone and consolidated financial results for the quarter ended 30th June 2026. The board meeting commenced at 08:30 AM IST and concluded discussion on the financial results at 09:40 AM IST. In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed these approved financial results along with the limited review report prepared by the auditors.
The consolidated financial results for the quarter ended 30th June 2026 show that revenue from operations, comprising sale of products and services along with other operating revenue, totalled Rs 17,149 crore. Total consolidated income, including other income of Rs 188 crore, reached Rs 17,529 crore for the quarter. On the expense side, consolidated total expenses stood at Rs 13,822 crore, resulting in profit before exceptional items and tax of Rs 3,707 crore. After accounting for exceptional items of Rs 75 crore credit, profit before tax reached Rs 3,632 crore. Current tax expense was Rs 939 crore and deferred tax credit was Rs 13 crore, leading to consolidated profit from continuing operations of Rs 2,680 crore. The results also reflect a loss from discontinued operations of Rs 8 crore, resulting in total consolidated profit for the quarter of Rs 2,994 crore (which includes consolidated profit from continuing operations of Rs 2,680 crore and loss from discontinued operations of Rs 8 crore).
The auditors, Walker Chandiok & Co LLP, conducted a limited review of the consolidated interim financial results in accordance with Standard on Review Engagements (SRE) 2410 issued by the Institute of Chartered Accountants of India. The review covered consolidated financial results of Hindustan Unilever Limited and 22 subsidiaries and step-down subsidiaries listed in the audit report. The results of Unilever Nepal Limited, one subsidiary, were reviewed by another auditor, and the auditors relied on that review report for their conclusion. The auditors confirmed that nothing came to their attention suggesting that the financial results had not been prepared in accordance with applicable accounting standards and SEBI regulations, or contained any material misstatement.
Impact on Investors
Investors will note that consolidated profit declined by 2.2% year-on-year despite revenue from operations growing by 10.3%, indicating margin compression during the quarter. The filing shows that while the company maintained revenue growth momentum, rising current tax expenses from Rs 485 crore to Rs 939 crore had a material impact on profit retention. The effective tax rate, measured as current tax to profit before tax, increased to approximately 25.8% in Q1 FY27 from 14.8% in Q1 FY26. Shareholders will observe that basic and diluted earnings per share from continuing operations stood at Rs 11.38, representing a decline from Rs 11.62 in the previous year quarter, reflecting the impact of lower profit on per-share metrics despite stable share capital of Rs 235 crore (235 crore equity shares of face value Re 1 each).
The disclosed terms indicate that the consolidated position benefited from other comprehensive income of Rs 88 crore for the quarter, driven largely by fair value movements in cash flow hedges and exchange differences on translation of foreign operations. However, the discontinued operations generated a loss of Rs 8 crore for the quarter. Investors with focus on consolidated earnings should note that the total comprehensive income attributable to owners of the holding company was Rs 3,227 crore on a year-to-date basis (April to June 2026 cumulative) against Rs 3,229 crore for the quarter. The financial position reflects the company's subsidiary structure spanning multiple geographies, with consolidated results reflective of operations across India, Nepal, Indonesia, Vietnam, and Australia through its Minimalist and other operating entities.
Sector / Market Context
The Indian fast-moving consumer goods sector has demonstrated resilience amid evolving macroeconomic conditions. According to data from industry bodies and market research, the FMCG sector in India grew at a mid-to-high single-digit rate during the April-June 2026 period, with personal care, home care, and foods categories showing varied performance trajectories. The premium and cosmetics segment, in which Hindustan Unilever operates through brands like Minimalist and Lakme, has witnessed accelerated growth driven by e-commerce penetration and changing consumer preferences toward at-home skincare and wellness products. The sector backdrop reflects continued urbanization, rising disposable incomes in tier-2 and tier-3 towns, and increased digital adoption for direct-to-consumer brands, contexts within which Hindustan Unilever's consolidated operations and subsidiary expansion strategies can be assessed.