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Tag: HUL

  • Hindustan Unilever’s profits flatten as margins take a beating

    Hindustan Unilever’s profits flatten as margins take a beating

    MUMBAI:  Hindustan Unilever limped through the September quarter with anaemic growth and shrinking margins, a performance that underscores the headwinds buffeting India’s consumer-goods bellwether. The maker of Dove soap and Surf detergent eked out a mere two per cent rise in sales whilst profit after tax before exceptional items slipped four per cent.

    Revenue from operations nudged up to Rs 16,034 crore for the quarter ended 30 September 2025, compared with Rs 15,703 crores in the year-ago period. But the real story lay in the margins: EBITDA margin contracted a painful 90 basis points to 23.2 per cent, down from 24.1 per cent last year. The culprit? Surging raw-material costs, which jumped 15 per cent year-on-year to Rs 5,746 crore.

    Profit after tax before exceptional items came in at Rs 2,482 crore, down from Rs 2,594 crore in the September 2024 quarter. But here’s where it gets interesting: exceptional items swung the needle dramatically. A one-off Rs 273-crore windfall from resolving tax disputes between UK and Indian authorities turned what would have been a profit decline into a four per cent gain. Reported PAT stood at Rs 2,694 crore versus Rs 2,595 crore last year.

    The half-year picture proved equally tepid. For the six months ended September, sales rose just four per cent to Rs 32,330 crore from Rs 31,200 crore. EBITDA for the period came in at Rs 7,539 crore with margins at 23.3 per cent. Profit after tax before exceptionals at Rs 4,960 crore marked a five per cent decline from Rs 5,201 crore in the first half of the previous year.

    Segment performance revealed a mixed bag. Home Care, the company’s largest division with Rs 11,441 crore in half-year sales, saw operating profit slip to Rs 2,212 crore from Rs 2,250 crore. Beauty & Wellbeing proved the bright spot, with sales surging 10 per cent to Rs 7,363 crores, though operating profit dipped marginally to Rs 2,060 crore. Personal Care posted a robust four per cent sales growth whilst Foods, contributing Rs 7,885 crore  saw profits decline 10 per cent to Rs 1,281 crore.

    The company’s acquisition spree added fresh complications. Purchase consideration for business combinations totalled Rs 2,661 crore during the half-year, primarily related to the Minimalist skincare brand acquisition completed in April. This aggressive M&A activity, whilst positioning HUL for future growth, weighed on near-term cash flows and contributed Rs 38 crore in acquisition-related costs.

    Managing director and chief executive officer Priya Nair faces a delicate balancing act. The board declared an interim dividend of Rs 19 per share, maintaining shareholder payouts even as profits sputtered. Meanwhile, the proposed demerger of the ice-cream business into Kwality Wall’s (India) Limited awaits regulatory clearances—a restructuring that could reshape HUL’s portfolio but added Rs 51 crore in expenses this quarter.

    Cash generation remained robust despite operational headwinds. Operating cash flows for the half-year stood at Rs 6,267 crores, though down from Rs 6,657 crore last year. The company deployed Rs 5,639 crore in dividend payments whilst splashing Rs 617 crore on capital expenditure.

    Earnings per share for the quarter came in at Rs 11.43, up marginally from Rs 11.03 last year, though this flattered the underlying performance due to exceptional gains. For the half-year, EPS stood at Rs 23.16 versus Rs 22.14, a five per cent increase that masked the compression in core profitability.

    The September quarter’s travails suggest India’s consumption story has lost some fizz. With costs climbing faster than pricing power allows and competition intensifying across categories, HUL’s playbook of premiumisation and market-share gains faces a stern test. The Rs 273-crore tax bonanza provided cosmetic relief this quarter, but the underlying business needs more than accounting alchemy to regain its mojo.

  • Jiostar fields big brands for Women’s World Cup 2025

    Jiostar fields big brands for Women’s World Cup 2025

    MUMBAI: Cricket isn’t the only thing hitting boundaries this season, brands are too. As the ICC Women’s World Cup 2025 kicks off on 30th September, broadcaster and streaming partner Jiostar has unveiled a sponsorship squad as glittering as the trophy itself.

    From Google’s tech powerhouses: Gemini, Pay, Android and Pixel, to household giant HUL’s Rexona, banking behemoth SBI, and luxury authority IGI, the line-up underscores how women’s cricket has become the big-ticket stage for global and Indian brands alike. More names are set to join the roster in the weeks ahead.

    “We are thrilled to welcome this incredible mix of sponsors,” said JioStar chief revenue officer-sports Anup Govindan. “Each brings unique strengths and a shared vision to elevate women’s cricket worldwide. With these marquee partners, the tournament will inspire millions and open up high-impact engagement opportunities.”

    For IGI, the tie-up is more than branding. “Just as every diamond is shaped under pressure to shine, so too are these exceptional athletes,” said IGI’s global CEO Tehmasp Printer. “This partnership celebrates brilliance, authenticity, and women embracing their true shine on and off the field.”

    Running till 2 November, the World Cup brings together the best of women’s cricket, with India opening its campaign against Sri Lanka. Fans can watch every ball live on Star Sports or stream exclusively on Jiohotstar.

    This festive season, expect not just fours and sixes, but brand fireworks too.

  • MRSI puts the power of ‘and’ at centre of 33rd annual seminar

    MRSI puts the power of ‘and’ at centre of 33rd annual seminar

    MUMBAI: The Market Research Society of India (MRSI) is set to bring fresh energy to Gurugram this month, with its 33rd annual market research seminar promising a heady mix of data, ideas and debate under the banner “The Power of And”.

    Dr Saurabh Garg, secretary at the ministry of statistics and programme implementation, will deliver the opening keynote on “Driving impact through data insights: harnessing public-private synergies for a Viksit Bharat at 2047”. His address will anchor two days of panels, papers and provocations at The Leela Ambience on 11–12 September.

    The line-up features Karthik Nagarajan of Hogarth, Aradhana Lal of Lemon Tree Hotels and Aditya Kasyap of Unilever, alongside sessions on navigating “many Indias” and a panel on the “joys and dilemmas of insight in the age of technology” with senior voices from HUL, Nestlé, Airtel, Kantar, Smytten and more.

    This year drew over 100 research paper submissions, with 22 shortlisted across four themes: bending and breaking methodologies, innovating at the edges, technology as an intersection, and the human mosaic of future leaders.

    “The seminar has long been the cornerstone of India’s research and insights industry,” said Rituparna Dasgupta, chairperson of the 33rd edition and EVP at Zee entertainment. “This year’s theme captures how our world is being shaped.”

    With Smytten Pulse AI as lead partner and heavyweights such as Kantar, Nestlé, ITC and Hindustan Unilever backing sessions, MRSI is positioning its flagship gathering as more than a talking shop.
     

  • BBH beefs up brainpower with new EVPs and creative leadership boosts

    BBH beefs up brainpower with new EVPs and creative leadership boosts

    MUMBAI: BBH India is turning up the creative volume and the leadership dial. The Publicis Groupe agency has strengthened its senior bench with the appointment of Delon Mascarenhas and Mitushi Sharma as executive vice presidents, while also elevating Ashwin Palkar and Nisheeth Srivastava to senior executive creative directors.

    The shake-up comes as BBH India enjoys a hot streak: fresh business wins, deeper partnerships, and international recognition, including a Bronze Lion at Cannes Lions 2025 for its cheeky “Bassi Vs Garnier Men’s Facewash” campaign. It also bagged the No. 3 spot in India on the MMA Smarties Business Impact Index 2024 underlining its momentum.

    Mascarenhas, who re-joins BBH, brings more than 25 years of experience spanning brand strategy, content, and digital marketing. His career highlights include senior stints at DDB Mudra Group, Edelman India, Havas Life, and Tring, working with marquee brands like McDonald’s, HUL, Red Bull, Meesho, Dream11, and Abbott.

    Sharma comes in with over 23 years of advertising chops, most recently at FCB Interface, and a portfolio covering categories from FMCG to pharma. She has shaped strategies for global and Indian heavyweights including Nivea, Whirlpool, Mahindra, Torrent Pharma, and has played a pivotal role in managing Unilever brands such as Lakme, Domex, and Ayush.

    Ashwin Palkar and Nisheeth Srivastava’s elevation signals BBH’s push for creative firepower and talent development. Both will continue reporting to chief creative officer Parikshit Bhattacharya.

    Commenting on the appointments BBH India MD and COO Himanshu Saxena said: “With Delon and Mitushi, we’re doubling down on our belief in creativity that delivers full-funnel marketing effectiveness. This leadership is built to take us into the next growth phase.”

    For Mascarenhas, it’s a homecoming: “I’m excited to re-join BBH India at this pivotal moment. With a strong team and bold vision, the opportunity to shape brands in today’s evolving landscape is immense.”

    Sharma echoed the sentiment: “BBH has always stood out for blending cultural insight, creativity, and strategy. With technology changing consumer mindsets, I look forward to pushing boundaries and fuelling exponential growth.”

    With 2025 already stacked with wins, fresh leadership firepower could ensure BBH India continues to punch above its weight in the global creative ring.
     

  • Hindustan Unilever appoints Priya Nair as new CEO & MD

    Hindustan Unilever appoints Priya Nair as new CEO & MD

    Mumbai: Hindustan Unilever Limited (HUL) has announced the appointment of Priya Nair as its new chief executive officer & managing director, effective 1 August 2025. She will also join the HUL board and remain a member of the Unilever Leadership Executive.

    Nair brings nearly 30 years of experience with Unilever, having held various sales and marketing roles across home care, beauty & wellbeing, and personal care. Her previous roles include executive director, home care, HUL (2014-2020), executive director, beauty & personal care, HUL (2020-2022), and global chief marketing officer, beauty & wellbeing at Unilever. Since 2023, she has served as president of beauty & wellbeing, one of Unilever’s fastest-growing divisions.. She is credited with consistently delivering business transformation through brand building, premiumisation, digital commerce, and purpose-led innovation.

    Rohit Jawa will step down as CEO and MD on 31 July 2025, to pursue new personal and professional endeavours.  Jawa assumed the role in 2023, and during his tenure of over two years, HUL achieved volume-led competitive growth. He also introduced the ‘aspire’ strategy, aimed at transforming the portfolio and channels towards high-growth demand spaces. HUL chairman Nitin Paranjpe thanked  Jawa for his leadership in navigating challenging market conditions and strengthening the company’s foundations.

    The appointment of Nair is subject to shareholder and other necessary statutory approvals. The board meeting to approve these changes commenced at 5:30 pm IST and concluded at 6:25 pm IST on Thursday, 10 July 2025.

  • Saumya Agarwal is appointed as vice president – Madison Media Plus

    Saumya Agarwal is appointed as vice president – Madison Media Plus

    MUMBAI: Madison Media Plus, a unit of Madison World, is delighted to announce the appointment of Saumya Agarwal as vice president. He will report to Madison Media Plus COO Mimi Deb.

    Saumya brings over 18 years of diverse experience in Integrated Marketing Communications. He has previously held leadership roles across GroupM, Dentsu and Publicis Groupe, and has worked with marquee brands such as Nykaa, HUL, Jaguar Land Rover, ICICI Group, HDFC Bank, Louis Vuitton Moët Hennessy, Allied Blenders and Spotify. Prior to joining Madison Media, he served as AVP at Starcom. Along with his deep brand-building expertise, Saumya brings a strong passion for new business initiatives, nurturing talent and crafting purpose-driven narratives.

    “As our client portfolio continues to expand and brand needs evolve, we are realigning our team structure to stay agile, strategic, and future-ready. Saumya’s addition to the leadership team marks a significant step in this direction, strengthening our capabilities to deliver impactful solutions and drive sustained business growth,” said Deb.

    Sharing his excitement, Agarwal said, “I’m excited to join Madison Media Plus at such a dynamic time of growth and transformation. The energy of the team is truly inspiring. I look forward to contributing meaningfully to our clients.”

  • Honasa ropes in Yatish Bhargava as chief business officer to boost growth playbook

    Honasa ropes in Yatish Bhargava as chief business officer to boost growth playbook

    MUMBAI: Not every day does a personal care unicorn rope in an FMCG heavyweight to sharpen its business game—but when it does, the move smells as sweet as a bottle of onion hair oil going viral on Instagram.

    Honasa Consumer Limited, the parent company behind Mamaearth, The Derma Co., and Aqualogica, announced on 17 June 2025 the appointment of Yatish Bhargava as its new chief business officer (CBO). The decision signals a strategic gear shift for the fast-growing brand, as it seeks to scale both breadth and depth across general trade, modern trade, and online marketplaces.

    Bhargava steps into the role as a seasoned operator with over 17 years of experience. He brings P&L expertise and leadership acumen honed at some of India’s most influential consumer companies, including Flipkart and Hindustan Unilever. At Flipkart, he played a central role in category transformation and go-to-market strategies. At HUL, he led high-performing sales and growth teams across multiple verticals.

    His appointment takes effect immediately, with a full-time term. Honasa stated that Bhargava will be a designated senior management personnel (SMP) under SEBI compliance.

    In its regulatory filing with the NSE and BSE, Honasa underscored its intent to reinforce business scale, growth strategies, and sustainable momentum through Bhargava’s expertise. “Yatish has led category transformation, built scalable go-to-market strategies and driven sustained growth across diverse consumer businesses”, the company noted in its official statement.

    An alumnus of the Indian Institute of Management, Lucknow, Bhargava will be tasked with building on Honasa’s already expansive omnichannel approach while navigating the highly competitive D2C landscape.

    The announcement comes at a time when Honasa is increasingly eyeing market leadership across beauty and wellness categories, both online and offline. With Bhargava’s appointment, the company appears ready to play offence with stronger execution muscle and retail agility.

    The disclosure has been made available on Honasa’s official website.

  • Clickbait to clean slate as HUL leads media trust reset drive

    Clickbait to clean slate as HUL leads media trust reset drive

     MUMBAI: What’s invisible, expensive, and possibly not even human? Thirty percent of your ad impressions. Hindustan Unilever Ltd (HUL),  head of media and digital marketing Tejas Apte didn’t mince words at Goa Fest 2025 as he peeled back the pixel-perfect surface of digital advertising to reveal a mess of murky metrics and media mayhem.

    Speaking in a session titled ‘Building a Safer, Smarter, Cleaner Media Ecosystem’, Apte laid bare the underbelly of modern marketing where ad fraud, bot views, and misuse of data are quietly eating away at ROI and trust. With up to 30 per cent of digital impressions possibly fake, brands aren’t just losing money; they’re losing credibility.

    “Legacy media had a balance subscription and ad-funded models. But digital is almost entirely ad-funded,” he noted. “And that makes transparency and safety non-negotiable.”

    As part of the Indian Society of Advertisers (ISA), HUL has taken a lead in drafting a four-point media charter that aims to disinfect digital with real-world rigour:Safe placements for both brands and users, Viewability standards to filter out the fake, Fraud prevention that spans all formats and platforms, Responsible first-party data usage grounded in clear consent.

    Apte underscored that these principles weren’t just boardroom theory, they were co-created with platforms like Google and Meta, ensuring that everyone speaks the same metric language. The focus is shifting from shallow click metrics to meaningful business outcomes.

    The ad world’s changing algorithm isn’t just affecting platforms, it’s rewriting agency job descriptions. With automation and AI replacing mechanical tasks, Apte sees agencies morphing from campaign vendors to strategic business partners. “In-housing is real, but rarely complete. Agencies remain critical, if they evolve from service delivery to impact delivery.”

    While some brands are building internal muscle, the ISA charter pushes for an ecosystem-wide adoption from nimble startups to legacy giants. The ultimate goal? A future where every impression counts, every ad is seen by a human, and every click has consequence.

    Practising what they preach, HUL has already implemented these guidelines internally. The result? Sharper first-party data strategies, better media ROI, and a wave of new, trustworthy media partners.

    So, next time your ad gets a million impressions, pause to ask were any of them real? Or are we all just chasing ghosts in the machine?

    As Apte put it with a smile, “Click fraud is not just a tech issue. It’s a trust issue.”

  • Byte the Future AI is Serving Up Personalised Innovation

    Byte the Future AI is Serving Up Personalised Innovation

    MUMBAI: Who knew your AC could get to know you better than your flatmate? At GoaFest 2025, the session “From Code to Commerce: Growth in the AI Age” proved that artificial intelligence is no longer just a boardroom buzzword, it’s in your shampoo, your samosa delivery, your summer holiday plans, and maybe even your next Instagram ad.

    AI isn’t just flipping the script, it’s writing it, testing it, and turning it into 150,000 personalised versions overnight. In a power-packed panel at GoaFest 2025, leaders from HUL, Voltas, Makemytrip and Swiggy sat down with journalist Anuradha SenGupta to unpack how artificial intelligence is moving from the back end to front-of-house, making businesses smarter, faster, and far more personal.

    Voltas CMO Pragya Bijalwan  revealed how AI is transforming the home appliance business from cold machines to warm experiences. “Walk into a room and your AC already knows your favourite temperature,” she quipped. But it’s not just comfort AI is driving predictive maintenance, energy efficiency, and post-sale service readiness. Voltas uses customer data platforms to pre-empt service needs and personalise communication. One such campaign featuring their long-standing mascot ‘Mukti’ achieved a staggering 98 per cent CTR and an 87 per cent full-view rate with many recipients believing the video was speaking directly to them.

    HUL, head of media & digital marketing Tejas Apte shared how AI now powers product prototyping through the company’s Agile Innovation Hub, even allowing 3D-printed SKUs based on global trendspotting. AI also fuels the “Shikhar” app, used by kirana store partners now responsible for 20 per cent of HUL’s sales. Retailers can simply snap a photo of their shelf, and AI recommends stock-ups, upsells and even helps co-create hyperlocal ad campaigns. “Last year, we generated 150,000 AI-personalised video ads with Arshad Warsi customised to individual kirana stores,” said Apte.

    For Makemytrip, AI is less about flash and more about function. Director Sanket Tulangekar outlined how Myra, their AI assistant, has evolved to summarise reviews, answer natural language queries, and assist with travel planning. Myra now uses multi-agent orchestration, acting like an intelligent concierge handling everything from hotel bookings to activity recommendations. Tulangekar stressed the importance of red-teaming, bias testing, and moderation in ensuring AI-generated content is both accurate and safe.

    Over at Swiggy, VP Arjun Choudhary revealed how generative AI has quietly revolutionised internal operations. Sales teams now use AI co-pilots for performance insights, and restaurant partners receive personalised business analytics through conversational dashboards. “Even non-tech teams are generating demos and PRDs using AI,” said Choudhary. AI also boosts consumer experience through in-session personalisation and catalogue video generation. The company recently condensed a three-month cataloguing task into a single week using AI.

    Panelists agreed AI is now function-agnostic relevant across departments, not just digital teams. While job fears loom, Bijalwan emphasised it’s an evolution, not a threat. “It’s like when Google launched, initially scary, but now second nature,” she said.

    Ethics, however, remain a looming shadow. From labelling AI-generated ads to ensuring consent with India’s DPDP Act, companies are cautiously optimistic. “Change is inevitable,” the panel echoed, “but accountability must keep pace.”

    Whether you’re in media, FMCG, travel or tech, one thing’s clear: in the age of AI, relevance isn’t optional, it’s algorithmic.

  • Hindustan Unilever lathers up growth in FY’25 with a five per cent profit shine

    Hindustan Unilever lathers up growth in FY’25 with a five per cent profit shine

    MUMBAI:Hindustan Unilever Limited (HUL) has managed to keep its balance sheet gleaming, reporting a five per cent jump in profit after tax to Rs 10,644 crore for FY’25, even as topline growth remained modest at two per cent. 

    The year’s big soap opera? A slick pivot to premiumisation, digital demand drivers, and a hard scrub of its product portfolio.

    For the March quarter (MQ’25), HUL clocked an underlying sales growth (USG) of 3 per cent, with volumes up two per cent. The FMCG major’s EBITDA margin stood at 23.1 per cent, slipping 30 basis points year-on-year, largely due to higher investments in innovation and future-facing channels. PAT for the quarter rose four per cent to Rs 2,497 crore.

    The home care division sparkled, with mid-single digit volume growth buoyed by strong performance in fabric conditioners and a renewed push on premium liquids like Surf Excel Smart Shots. Liquids, in fact, are the brand’s current crush – the portfolio grew in double digits and is now being democratised with new formats and price points.

    Beauty & wellbeing rose three per cent with hair care flexing double-digit volume muscle. Despite softness in mass skin care, the segment rode high on emerging channels and product launches like Liquid IV hydration sachets and summer-targeted sun care under Lakme and Vaseline.

    The personal care vertical delivered three per cent USG despite a slight volume dip. Skin cleansing lathered up high-single digit growth in the non-hygiene segment, while Closeup ventured into whitening territory with its ‘White Now’ range. Lifebuoy took centre stage at the Maha Kumbh with a refreshed ‘skin protection’ pitch.

    Food sales slipped one per cent, thanks to a drag in nutrition drinks, still reeling from pricing resets and category challenges. But there was flavour elsewhere – tea and coffee brewed growth, while ice cream melted hearts with double-digit volume gains and indulgent launches like Magnum Pistachio.

    CEO Rohit Jawa highlighted a year of “competitive performance” driven by “portfolio transformation, premiumisation and digital-first growth”. Big moves included the Minimalist acquisition, Pureit exit, and ice cream demerger approval. HUL also declared a hefty Rs 53 per share dividend (including a special Rs 10) – a total payout of Rs 12,453 crore.

    Looking ahead, the company expects demand to warm up in FY’26. With commodities stabilising, HUL is betting on low-single digit price growth and a volume-led playbook to deliver double-digit EPS growth.

    While volume may not have exploded, HUL’s strategic polish, from digital detours to premium suds, helped it stay competitive, confident, and cash-rich. Not bad for a company that just turned 90.