Hindustan Unilever plans to focus on larger, premium brands to drive volume growth despite declining net profit.
Hindustan Unilever (HUL) plans to focus on larger, premium brands to drive volume growth, despite concerns over declining net profit and possible loss of pricing power. HUL MD Rohit Jawa aims to increase the company's volume growth from 2% and invest more in high-growth spaces, channels, and formats to chase more volume and variety. The company remains optimistic about potential tailwinds, such as improved macroeconomic conditions and a stronger agri-economy, to support its strategy.
April 28, 2024
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