HUL Q3 results miss expectations, stock drops 5%
after close1 source ↓written by the desknot a recommendation
- estimates
- 13.7% YoY
- Standalone revenue
- ₹15,805 cr
- missing expectations
- ₹16,035 cr
- The stock fell
- 5%
Hindustan Unilever Ltd. reported Q3 net profit ₹2,590 cr, slightly above estimates but down 13.7% YoY. Standalone revenue was ₹15,805 cr, missing expectations of ₹16,035 cr. The stock fell 5%, impacting the Nifty 50 index as investors reacted to the topline miss and declining EBITDA margin.
Not investment advice. For informational purposes only.