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Hindustan Unilever Q1 results today; here’s what to expect

It may report 27.80 per cent year-on-year (YoY) rise in net profit at Rs 1,639.70 crore.

Updated: Jul 16, 2018, 10.03 AM IST
NEW DELHI: FMCG major Hindustan Unilever is poised to report its financial results on Monday for the quarter ended June 2018 on Monday. There are expectations that consumer-oriented companies are likely to see double-digit volume growth aided by a recovery in rural areas and a soft base.

An assessment by Kotak Institutional Equities showed that the company may report 27.80 per cent year-on-year (YoY) rise in net profit at Rs 1,639.70 crore in Q1FY19, while net sales may increase by 14.70 per cent on year-on-year basis.

The brokerage house sees 25.80 per cent YoY and 26.90 per cent YoY jump in EBITDA and EPS, respectively, for the quarter ended June 2018.

“We expect the FMCG bellwether to report another solid quarter with 20 per cent comparable topline growth driven by 14 per cent underlying volume growth (UVG),” Kotak said in a report.

Edelweiss Securities projected 13.80 per cent YoY and 11.50 per cent YoY growth in net profit and revenue, respectively. EBITDA may jump 16.20 per cent YoY.

"We expect HUL, Dabur, Britannia, Marico, Asian Paints, Berger Paints, Pidilite, Emami (on a very soft base), and Nestle to report double-digit volume growth," Edelweiss Securities said.

The brokerage house expects HUL to report a volume growth of around 11-12 per cent YoY on a flat base. The growth is likely to be stronger on the back of improving sentiment and preference towards HUL products such as Lever Ayush as well as decent performance of new launches.

HUL may also report higher ad spends too to back their new launches.
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