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Hindustan Unilever Ltd posted a 100 per cent increase in consolidated net profit at ₹6,603 crore in the December quarter of FY26 compared with a year earlier, primarily due to an exceptional gain arising from the demerger of its ice cream division.
According to a regulatory filing, Hindustan Unilever Ltd booked an exceptional loss of ₹576 crore in the quarter on account of the implementation of the new Labour Codes.
In the December quarter, HUL had demerged its ice cream business to Kwality Wall's (India) Ltd.
Profit After Tax was reported at ₹6,603 crore, up 121 per cent year-on-year, mainly supported by a one-off gain from the Ice Cream demerger, accounted for as per the approved demerger scheme and relevant accounting norms.
"Excluding exceptional items, Profit After Tax at Rs 2,562 crores grew by 1 per cent," said HUL in its earnings statement.
Its profit before exceptional items and tax was Rs 3,495 crore.
Its revenue from the sale of products was up 5.71 per cent at Rs 16,197 crore in the December quarter. This was at Rs 15,322 crore in the corresponding quarter a year ago.
During the quarter, HUL delivered a "4 per cent Underlying Volume Growth (UVG)," inform the company.
HUL's total expenses in the December quarter were at Rs 13,078 crore, up 6.37 per cent.
Its total income, which includes other revenue, was up 5.01 per cent to Rs 16,580 crore.
"During the quarter, demand trends reflected early signs of recovery, underpinned by supportive policy measures," CEO and Managing Director Priya Nair said.
Nair further said, "Against this backdrop, we delivered a competitive performance, with 6 per cent revenue growth and 4 per cent Underlying Volume Growth."
"We continued to build desirability at scale with our brands, accelerate market development in high-growth demand spaces and strengthen our capabilities to scale Channels of the Future with a dedicated organisation for Quick commerce," she said.
