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Hindustan Unilever reported a 136% year-on-year surge in Q3 FY26 standalone net profit to Rs 7,075 crore, aided by a one-time gain from the ice cream business demerger.
HUL Q3 FY26 Profit Surges 136% to Rs 7,075 Crore
New Delhi: Hindustan Unilever Limited (HUL) today reported a standalone net profit of ₹7,075 crore for the October-December quarter (Q3 FY26), up 136% from ₹3,001 crore in the same quarter of the previous fiscal. Profit after tax excluding exceptional items rose 1% to ₹2,562 crore.
The quarterly profit includes a one-time exceptional gain of ₹4,516 crore related to discontinued operations following the demerger of the ice cream business. A one-time exceptional cost of ₹113 crore related to the implementation of new labor codes was also recorded.
On a consolidated basis, underlying sales growth was 5% and volume growth was 4%. Revenue from operations increased from ₹15,146 crore in Q3 FY25 to ₹15,805 crore in Q3 FY26, representing a year-on-year growth of over 4%. EBITDA increased 2% to ₹3,640 crore, while EBITDA margin declined 50 basis points to 23.3%. The company's shares fell over 2% following the results.
The board approved the acquisition of the remaining 49% stake in Zywie for ₹824 crore, making Zywie and its subsidiary Zenherb Labs wholly-owned units of the company. The sale of a 19.8% stake in Nutritionalab was also approved.
At the segment level, Home Care recorded 3% underlying sales growth and mid-single digit volume growth. Beauty & Wellbeing and Personal Care both grew 6%. The Foods business grew 6%, with Coffee continuing to deliver double-digit growth and Packaged Foods recording high-single digit growth.