HUL shares slide 5% after weaker-than-expected Q1; PAT dips 3% to Rs 2,673 crore on one-time credit

Hindustan Unilever shares fell about 5 percent after its Q1 FY27 net profit declined 3 percent year-on-year to Rs 2,673 crore, hurt by a one-off tax credit in the year-ago base quarter. Revenue from operations rose 10.2 percent year-on-year to Rs 17,149 crore, with underlying sales growth of 10 percent marking the highest in 13 quarters, while EBITDA margin contracted 40 basis points to 23 percent. The company said it expects FY27 to be better than FY26 led by portfolio and channel transformation.