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The company reported a 3% year-on-year decline in net profit to Rs 2,673 crore for the first quarter of FY27. The company said the decline in PAT resulted from a one-off tax credit in the previous quarter.

Revenue from operations, however, rose 10.2% year-on-year to Rs 17,149 crore in Q1 FY27, compared with Rs 15,552 crore reported in the corresponding quarter of the previous financial year.

HUL reported an underlying sales growth (USG) of 10%, driven equally by volume and price, marking the company’s highest growth in thirteen quarters.

EBITDA for the quarter stood at Rs 3,947 crore, up 8% from Rs 3,640 crore in the year-ago quarter. However, the EBITDA margin declined 40 basis points to 23% from 23.4% in the same period last year, HUL said in its investor presentation.

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HUL Q1 segment-wise performance

Home Care: Home Care delivered 14% USG, its highest growth in three years, driven by high-single-digit UVG. Disciplined market development and consumer-centric innovations helped strengthen market leadership while maintaining volume resilience.
Beauty & Wellbeing: The segment recorded 12% USG, supported by high-single-digit UVG. Hair Care posted double-digit USG, led by Premium Hair Care, including future formats, while continuing to strengthen market leadership. Skin Care and Colour Cosmetics delivered high-single-digit USG, driven by double-digit growth in Premium Skin Care.
Personal Care: Personal Care reported 4% USG, led by pricing as palm oil inflation persisted for the second consecutive year. Skin Cleansing recorded mid-single-digit USG, with Premium Bars delivering competitive volume-led double-digit growth. The segment also strengthened its market leadership in Bodywash.

Foods: Foods delivered 7% USG, driven by mid-single-digit UVG and continued strong performance in Lifestyle Nutrition and Coffee. Premium Tea recorded low-single-digit UVG, while Coffee delivered double-digit, volume-led growth, with RTD and Bru Gold continuing to scale up. Lifestyle Nutrition maintained its double-digit growth momentum. Boost crossed the Rs 1,000 crore annual turnover milestone, while Horlicks Superfoods and RTD continued to see encouraging traction.

HUL outlook

HUL expects FY27 to be better than FY26, led by portfolio and channel transformation. Commodity volatility continues to persist, with inflationary pressures expected to remain in the short term.

The company expects consolidated EBITDA margin to remain around the current guided range, while its focus remains on driving competitive, volume-led revenue growth anchored to its key priorities.

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The FTSE 100 giant revealed it would launch a new £1bn share buyback after pre-tax profit jumped 17 per cent from the prior year

Barclays profit soared beyond forecasts in the second quarter as widespread market turbulence drove an exceptional showing in its equities trading arm.

The FTSE 100 banking giant announced it would initiate a fresh £1bn share buyback programme after pre-tax profit climbed 17 per cent year-on-year to £6.1bn over the first six months. The figure surpassed City analysts’ expectations of £5.9bn.

The British bank reported income for the three months ending in June of £8.2bn, representing a £2.1bn increase on the corresponding quarter last year.

The lender’s investment banking division capitalised on extensive market volatility during the second quarter triggered by the conflict in Iran, as reported by City AM.

Revenue in the unit advanced 20 per cent, propelled by the showing of its global banking operations and investment banking fees. Overall investment banking income reached £3.95bn, exceeding the £3.65bn forecast by City analysts.

Revenue from its equities trading arm surged 45 per cent compared with the equivalent period last year to £1.26bn. That result lagged behind Wall Street banks, which posted an average 69 per cent rise in equities over the same timeframe, boosted by the substantial SpaceX initial public offering that helped drive US earnings.

Chief executive CS Venkatarishnan, known as Venkat, is pursuing an agenda to overhaul the bank’s investment banking operation, committing to reduce its proportion of group risk-weighted assets. Barclays‘ private bank and wealth management division (PBWM) also posted a five per cent rise in income to £713m, underpinned by growth in client balances.

Chris Beauchamp, Chief Market Analyst at investing and trading platform IG, said: “With the share price sitting at post financial crisis highs there is little room for error for Barclays, but these results provide the reassurance that the group is well-placed for the rest of the year.

“A solid run for the investment banking division helps allay concerns around the size of the motor finance claims, and for now the bigger concern will be how the deeply uncertain outlook for the global economy will play out in the months to come.”

The bank declared a dividend of 5.9p per share, up from 3p per share in the previous year.

The lender also revised its 2026 income target upwards to approximately £31.5bn, citing “robust growth” within its investment banking arm.