HUL Q1 results preview: Standalone revenue likely to remain steady; margin seen inching higher
HULs standalone Q1 profit is seen to soar only 2 per cent on-year as the company is seen to register mixed performance across segments.
FMCG major Hindustan Unilever is slated to report its Q1 earnings on Tuesday (July 23). Zee Business research desk estimates the company to post standalone steady revenue year-on-year at Rs 15,214 crore as against Rs 15,148 crore reported in Q1FY24. The company’s profitability during the reporting quarter is seen edging higher by 2 per cent to Rs 2,528 crore as against Rs 2,470 crore.
The company’s Q1 EBITDA- a profitability metric is estimated to climb 3 per cent on-year to Rs 3,621 crore. In the same quarter last year, the company’s profit was reported at Rs 3,521 crore. Margin at the company also increased to 24 per cent, logging a 100 bps surge. In Q1FY24, the company’s margin was recorded at 23 per cent.
Domestic volume is estimated to log 3 per cent growth. Segment wise, the impact of price cut will be witnessed in the personal care products segment and hence the revenue in the segment is seen to register 2.5 per cent on-year degrowth. The company’s home care and F&R (foods and refreshments) segment is anticipated to clock 2 per cent and 4 per cent growth, respectively.
Key monitorables
Demand trends at the company will be watched out for in the company’s Q1 show.
HUL share price
HUL shares ahead of their results tomorrow ended mildly higher at Rs 2,735.3 per share on the NSE. The stock over a 1-year period has gained just 5 per cent.
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