Key Points
HUL Q2 Preview: Revenue for the June-September period is likely to grow at 4%, while profit growth for the same period is seen at 6%, according to an average estimate of three brokerages..
Due to the late festive season this year, analysts expect the pipeline for festive demand (Diwali) to shift to October, hence more evident in the third quarter...
FMCG major Hindustan Unilever's revenue growth is expected to moderate for the second quarter that ended September, mainly due to anniversarization of price hikes, price cuts and the delayed festive season...
We expect pricing growth to be 0.5% YoY due to price reductions in soaps, shampoos and laundry (HPC) and some pricing in tea, HFD and coffee...
We expect moderation in HC growth to 4% due to price cuts in the laundry portfolio, moderation in BPC to 2% owing to price cuts in soaps, and continued weakness in F&R growth to 4%...
