Hindustan Unilever Q2 FY26 – Stable Performance Amid Soft Margins

Hindustan Unilever reported a steady Q2 FY26 performance with modest top-line growth, though margin pressures kept profitability slightly subdued. • Sales: ↑ 2% YoY to ₹16,241 crore (vs ₹15,926 crore in Sep 2024) • EBIDT: ↓ 2% YoY to ₹3,726 crore (vs ₹3,787 crore) • Net Profit: ↓ 2% YoY to ₹2,694 crore (vs ₹2,595 crore) • EPS: ↑ 4% YoY to ₹11.43 (vs ₹11.03) At a price of ₹2,602, market cap ₹6,11,270 crore, and PE 57.8, HUL delivered a resilient quarter with steady revenue growth, though cost pressures and flat volumes weighed on operating margins.