Interim report
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28th October, 2026 Stock Code: BSE: 500696 NSE: HINDUNILVR ISIN: INE030A01027 Dear Sir/Madam, Sub: Outcome of the Board Meeting held on 28th October, 2026 This is further to our letter dated 7th October, 2026, intimating the date of Board Meeting for consideration of Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September, 2026. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), we would like to inform you that the Board, at its meeting held today i.e. 28th October, 2026, i. has approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September, 2026. ii. declared interim dividend of Rs. 19 per equity share of face value of Re. 1/ - each for the financial year ending 31st March, 2027. The record date for the purpose of determining the entitlement of the shareholders for the interim dividend has been fixed as Thursday, 12th November, 2026, and dividend will be paid to the shareholders on Wednesday, 25th November, 2026. Please find enclosed herewith a copy of the approved Unaudited Standalone and Consolidated Financial Results along with the Limited Review Report of the Auditors. BSE Limited, Corporate Relationship Department, 2nd Floor, New Trading Wing, Rotunda Building, P.J. Towers, Dalal Street, Mumbai – 400 001 National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra – Kurla Complex, Bandra (E), Mumbai – 400 051
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We are arranging to publish these results in the newspapers as per Regulation 47 of the Listing Regulations. We are also enclosing herewith a copy of the Press Release which will be disseminated shortly. The Press Release is self-explanatory. Further, pursuant to Regulation 30 of the Listing Regulations, we are enclosing herewith a copy of the Investor Presentation on the Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2026. The Board Meeting commenced at 08.30 A.M. (IST) and the discussion on the above items concluded at 09 :25 A.M. (IST). The Board Meeting is continuing for consideration of other agenda items. Please take the above information on record. Thanking You. Yours faithfully, For Hindustan Unilever Limited Radhika Shah Company Secretary & Compliance Officer Membership No: A19308
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CONSOLIDATED RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER 2026 Mumbai, 28th October 2026: Hindustan Unilever Limited announced its results for the quarter ended 30th September 2026. Key highlights: • Delivered Turnover of ₹ 18,071 crores with USG1 of 15%. Underlying Volume Growth2 was strong at 7%. • This marks our highest Underlying Sales Growth in the last 14 quarters. • EBITDA grew 8% year-on-year to ₹ 4,089 crores. EBITDA Margin at 22.6% was within the guided range. • Profit After Tax before exceptional items grew 9% year-on-year reflecting our focus on competitive, volume-led profit growth. Reported Profit After Tax at ₹ 2,796 crores was flat due to one-off tax related gains of ₹ 273 crores in exceptional items in base period. • First half recorded Turnover of ₹ 35,255 crores with USG of 12% and UVG of 6%. EBITDA grew by 8% while PAT (bei)3 grew by 9% year-on-year. • The Board of Directors declared an interim dividend of ₹ 19 per share for financial year ending 31st March 2027. September Quarter segment highlights: Home Care | Delivered 22% USG, led by double-digit UVG. Competitive, broad-based growth across formats Home Care delivered a strong performance with 22% USG driven by double- digit UVG. Both Fabric Wash and Household Care delivered double-digit, broad-based growth across brands and formats. Liquids continued robust double-digit growth trajectory. Focused market development and calibrated pricing actions boosted penetration and supported volume resilience . Premiumisation in powders through Surf excel Easy Wash Rs. 99 pack continued to scale well. Consistent strong growth resulted in further strengthening of our market leadership. During the quarter, Surf excel and Rin liquids enhanced their propositions to cater to emerging consumer needs. Beauty & Wellbeing | Recorded 16% USG driven by double-digit UVG. Premium Skin Care and Hair Care continued to outperform Beauty & Wellbeing continued to step-up performance delivering 16% USG, driven by double-digit UVG. Hair Care accelerated its double-digit, volume- led growth trajectory. Performance was broad -based across formats with P remium Hair Care and innovations continuing to outperform. Skin Care and Colour Cosmetics delivered double-digit, volume-led growth. Premium Skin Care sustained its growth trajectory driven by double-digit growth in organised trade. During the quarter, we expanded portfolio of Simple with new Barrier Repair Range and relaunched Vaseline body lotion with upgraded packaging and proposition. Further, we launched premium Body Serum lotions under Dove and expanded Minimalist range in Skin Care and Hair Care, strengthening our presence in evolving consumer demand spaces. Personal Care | Reported 9% USG, driven by double-digit USG in Skin Cleansing Personal Care delivered 9% USG . Skin Cleansing delivered double-digit USG. Focused market development actions in Pears and Dove Bars supported deliver y of double-digit, volume-led growth. Bodywash continued to strengthen penetration and market leadership through step- up in sampling initiatives and in -store activations. Oral Care delivered low -single digit USG driven by premium innovations which continued to scale well. During the quarter, Lux Bar was relaunched with contemporary packaging, enhancing appeal and reinforcing brand’s beauty positioning. Foods | Achieved 9% USG, led by double-digit USG in Lifestyle Nutrition and Packaged Foods Foods delivered 9% USG with low-single digit UVG. Lifestyle Nutrition a ccelerated its double- digit growth momentum with continued focus on execution and market development . Horlicks Biscuits and Ready -To-Drink format continue d to scale well . Packaged Foods delivered double- digit, broad-based growth. Coffee delivered high -single digit growth driven by volumes . Premium tea innovations continued to scale well. During the quarter, Horlicks expanded into high-growth protein segment with the launch of Horlicks protein powder, while Kissan Condiments refreshed its proposition alongside contemporary packaging. Priya Nair, CEO and Managing Director, commented , “In September quarter, we delivered 15% Underlying Sales Growth, our highest in the last 14 quarters, with T urnover of ₹ 18,071 crores. Underlying Volume Growth was strong at 7% reflecting sustained momentum driven by our focus on crafting desirable brands and strengthening future-fit Go-to-Market. Indian economy remains resilient, with healthy macro indicators supporting a positive consumption environment. We continue to invest in building long - term capabilities and remain anchored to the ‘Winning in New India’ strategy of delivering competitive, volume-led profit growth.” 1. Underlying Sales Growth (USG) refers to the increase in turnover for the period, excluding any change in turnover resulting from acquisitions and disposals 2. Underlying Volume Growth (UVG) refers to volume growth including the impact of mix of turnover realisation of products sold 3. PAT (bei): Profit After Tax before exceptional items Underlying Sales Growth 15%, Underlying Volume Growth 7%, PAT (bei) Growth 9% Sensitivity: Public
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Walker Chandiok & Co LLP 42nd Floor, Building Commerz III, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East), Mumbai-400063 T +91 22 6626 2699 Chartered Accountants Offices in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahati, Hyderabad, Indore, Jaipur, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- 2085 and has its registered office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India Review Report on the Consolidated Unaudited Quarterly Financial Results and Year to Date Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Hindustan Unilever Limited 1. We have reviewed the accompanying statement of consolidated unaudited Hindustan Unilever Limited and its subsidiaries (the Holding Company and its subsidiaries (refer Annexure 1 for the list of entities included in the Statement) for the quarter ended 30 September 2026 and the consolidated year to date results for the period 01 April 2026 to 30 September 2026,being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) . 2. by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, to the extent applicable. Walker Chandiok &.Co LLP Independent Auditor's Statement') of ('the Holding Company') together referred to as 'the Group'), financial results ('the ('Listing Regulations') This Statement, which is the responsibility of the Holding Company's management and approved Financial Reporting ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with
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Hindustan Unilever Limited Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Chartered Accountants Offices in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahati, Hyderabad, Indore, Jaipur, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- 2085 and has its registered office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India 4. Based on our review conducted and procedures performed as stated in paragraph 3 above and upon consideration of the review report of the other auditor referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting princi ples generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We did not review the interim financial information of One (1) subsidiary i.e. Unilever Nepal Limited, included in the Statement, whose financial information reflects total assets (before consolidation adjustments) 514 crores as at 30 September 2026, and total revenues (before consolidation adjustments) 130 267 crores, total net profit after tax (before consolidation adjustments) 15 43 crores, total comprehensive income of 15 crores and 43 crores, for the quarter and year-to-date period ended on 30 September 2026 98 crores for the period 01 April 2026 to 30 September 2026, as considered in the Statement. These interim financial information have been reviewed by other auditor whose review report has been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of this subsidiary is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the report of the other auditor. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No.: 001076N/N500013 Aasheesh Arjun Singh Partner Membership No. 210122 UDIN: 26210122FDPWGC9625 Place: Mumbai Date: 28 October 2026 Independent Auditor's Review Report on the Consolidated Unaudited Quarterly Financial Results and Year to Date t oft oH of t crores and t crores and t , respectively, and net cash inflows oft Aasheesh Digitally signed by Aasheesh Arjun Singh ArJ·un s,·ngh Date: 2026.10.28 09:28:38 +05'30'
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Hindustan Unilever Limited Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Chartered Accountants Offices in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahati, Hyderabad, Indore, Jaipur, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- 2085 and has its registered office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India Annexure 1 List of entities included in the Statement Sr. No. Entity Name Relationship 1. Hindustan Unilever Limited Holding Company 2. Unilever India Exports Limited Subsidiary 3. Unilever India Limited Subsidiary 4. Lakme Lever Private Limited Subsidiary 5. Daverashola Estates Private Limited Subsidiary 6. Levers Associated Trust Limited Subsidiary 7. Hindlever Trust Limited Subsidiary 8. Hindustan Unilever Foundation Subsidiary 9. Zywie Ventures Private Limited Subsidiary 10. Zenherb Labs Private Limited Step-down subsidiary 11. Unilever Nepal Limited Subsidiary 12. Levindra Trust Limited Subsidiary 13. Uprising Science Private Limited Subsidiary 14. Minimalist PTE. Limited Step-down subsidiary 15. Minimalist Foundation Step-down subsidiary 16. PT Minimalist Science Indonesia Step-down subsidiary 17. Minimalist Science Sdn Bhd. Step-down subsidiary 18. Minimalist Vietnam Company Limited Step-down subsidiary 19. Minimalist Science Limited Step-down subsidiary 20. Minimalist Science Trading L.L.C. Step-down subsidiary 21. Minimalist Science Inc. Step-down subsidiary 22. Minimalist Science Pty Limited Step-down subsidiary 23. Minimalist Importation and Trade of cosmetics LTDA (upto 08 September 2026) Step-down subsidiary Independent Auditor's Review Report on the Consolidated Unaudited Quarterly Financial Results and Year to Date
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(Rs in crores) 2026 2025 2026 2026 2025 2026 CONTINUING OPERATIONS Revenue from operations 18,037 15,715 17,149 Sale of products 35,186 31,267 63,636 34 27 35 Sale of services 69 54 127 155 177 157 Other operating revenue 312 355 705 160 147 188 Other income 348 348 751 18,386 16,066 17,529 TOTAL INCOME 35,915 32,024 65,219 EXPENSES 6,408 5,638 5,429 Cost of materials consumed 11,837 10,902 20,981 3,654 2,257 3,321 Purchases of stock-in-trade 6,975 4,995 11,113 (507) (181) 3 (504) (354) (429) 852 725 769 Employee benefits expense 1,621 1,414 3,175 74 124 75 Finance costs 149 246 410 363 322 353 Depreciation and amortisation expense 716 648 1,333 Other expenses 1,481 1,632 1,657 Advertising and promotion 3,138 3,230 6,261 2,249 2,063 2,215 Others 4,464 4,064 8,313 14,574 12,580 13,822 TOTAL EXPENSES 28,396 25,145 51,157 3,812 3,486 3,707 7,519 6,879 14,062 - (3) - Share of loss of equity-accounted investee, net of tax - (4) (15) 3,812 3,483 3,707 PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX 7,519 6,875 14,047 2 219 (75) Exceptional items [net credit / (charge)] (73) 94 (235) 3,814 3,702 3,632 Profit before tax 7,446 6,969 13,812 Tax expenses (983) (918) (939) Current tax (1,922) (1,403) (3,163) (35) 7 (13) Deferred tax (charge) / credit (48) (34) 3 2,796 2,791 2,680 PROFIT FOR THE PERIOD / YEAR FROM CONTINUING OPERATIONS (A) 5,476 5,532 10,652 DISCONTINUED OPERATIONS - (97) - Profit / (loss) before exceptional items and tax from discontinued operations - (59) (135) - (35) - Exceptional items of discontinued operations [net (charge) / credit] - (37) 4,471 - 35 - Tax credit of discontinued operations - 26 71 - (97) - PROFIT / (LOSS) FOR THE PERIOD / YEAR FROM DISCONTINUED OPERATIONS (B) - (70) 4,407 2,796 2,694 2,680 PROFIT FOR THE PERIOD / YEAR (C = A+B) 5,476 5,462 15,059 OTHER COMPREHENSIVE INCOME Items that will not be reclassified to profit or loss - - - Remeasurements of the net defined benefit plans - - 8 - - - Tax on above - - (2) Items that will be reclassified to profit or loss - 1 - Fair value of debt instruments through other comprehensive income - 1 - - (0) - Tax on above - (0) - (2) 3 15 Fair value of cash flow hedges through other comprehensive income 13 (19) 268 1 (0) 73 Tax on above 74 (0) (73) 0 0 (0) Exchange differences on translation of financial statements of foreign operations (0) 0 1 - - - Tax on above - - - (1) 4 88 OTHER COMPREHENSIVE INCOME FOR THE PERIOD / YEAR (D) 87 (18) 202 2,795 2,698 2,768 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD / YEAR (C+D) 5,563 5,444 15,261 Net profit attributable to 2,790 2,685 2,673 a) Owners of the holding company 5,463 5,441 15,040 6 9 7 b) Non-controlling interest 13 21 19 Other comprehensive income attributable to (1) 4 88 a) Owners of the holding company 87 (18) 202 (0) (0) (0) b) Non-controlling interest (0) 0 (0) Total comprehensive income attributable to 2,789 2,689 2,761 a) Owners of the holding company 5,550 5,423 15,242 6 9 7 b) Non-controlling interest 13 21 19 235 235 235 Paid up equity share capital (face value of Re. 1 per share) 235 235 235 Other equity 48,504 For continuing operations 11.87 11.84 11.38 Basic (in Rs.) 23.25 23.46 45.25 11.87 11.84 11.38 Diluted (in Rs.) 23.25 23.46 45.25 For discontinued operations - (0.41) - Basic (in Rs.) - (0.30) 18.76 - (0.41) - Diluted (in Rs.) - (0.30) 18.75 For continuing and discontinued operations 11.87 11.43 11.38 Basic (in Rs.) 23.25 23.16 64.01 11.87 11.43 11.38 Diluted (in Rs.) 23.25 23.16 64.00 Changes in inventories of finished goods, work-in-progress and stock-in-trade Profit before exceptional items and tax and before share of equity-accounted investee Earnings per equity share (face value of Re. 1 each) CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER, 2026 Unaudited results for the quarter ended 30th September Unaudited results for the quarter ended 30th June Particulars Unaudited results for six months ended 30th September Audited results for the year ended 31st March ~ '''it', ~41~ ,e~ ~ U~w Llmaut
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2026 2025 2026 2026 2025 2026 Segment revenue (sales and other operating revenue) 6,878 5,664 6,554 - Home care 13,432 11,441 23,672 4,319 3,732 4,083 - Beauty & wellbeing 8,402 7,363 14,990 2,617 2,425 2,624 - Personal care 5,241 4,965 9,564 3,849 3,547 3,480 - Foods 7,329 6,806 14,061 563 551 600 - Others (includes exports) 1,163 1,101 2,181 18,226 15,919 17,341 Total segment revenue from continuing operations 35,567 31,676 64,468 - 322 - Segment revenue from discontinued operations - 1,079 1,257 1,111 1,083 1,137 - Home care 2,248 2,212 4,521 1,235 1,061 1,126 - Beauty & wellbeing 2,361 2,060 4,161 449 492 517 - Personal care 966 967 1,805 834 721 692 - Foods 1,526 1,330 2,824 97 106 122 - Others (includes exports) 219 208 410 3,726 3,463 3,594 Total segment results from continuing operations 7,320 6,777 13,721 - (92) - Segment results from discontinued operations - (49) (122) - (3) - Less: Share of loss of equity-accounted investee, net of tax - (4) (15) Unallocable items (continuing operations): 160 147 188 Other income 348 348 751 (74) (124) (75) Finance costs (149) (246) (410) 2 219 (75) Exceptional items [net credit / (charge)] (73) 94 (235) 3,814 3,702 3,632 Profit before tax from continuing operations 7,446 6,969 13,812 - (132) - Profit / (loss) before tax from discontinued operations - (96) 4,336 Segment assets 6,990 6,117 6,776 - Home care 6,990 6,117 6,395 9,105 8,423 8,397 - Beauty & wellbeing 9,105 8,423 8,422 3,941 3,841 3,752 - Personal care 3,941 3,841 3,768 50,037 51,706 49,735 - Foods 50,037 51,706 50,228 1,131 1,174 1,099 - Others (includes exports) 1,131 1,174 1,114 11,703 10,773 15,865 - Unallocable corporate assets 11,703 10,773 9,825 82,907 82,034 85,624 Total assets 82,907 82,034 79,752 Segment liabilities 6,539 5,124 7,341 - Home care 6,539 5,124 6,331 5,887 4,813 5,488 - Beauty & wellbeing 5,887 4,813 4,673 3,370 2,739 3,307 - Personal care 3,370 2,739 2,869 4,419 3,834 4,360 - Foods 4,419 3,834 3,597 534 552 576 - Others (includes exports) 534 552 559 13,047 15,810 18,243 - Unallocable corporate liabilities 13,047 15,810 12,715 33,796 32,872 39,315 Total liabilities 33,796 32,872 30,744 Notes: CONSOLIDATED SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES (Rs in crores) Unaudited results for the quarter ended 30th September Unaudited results for the quarter ended 30th June Particulars Unaudited results for six months ended 30th September Audited results for the year ended 31st March Segment results Segment revenue, results, assets and liabilities represent amounts identifiable to each of the segments. Other income mainly includes interest income, dividend income and income fromcurrent investments (net). Segment assets and segment liabilities are as at 30th September 2026, 30th June 2026, 31st March 2026 and 30th September 2025. Unallocable corporate assets less unallocable corporateliabilities mainly represent investment of surplus funds, cash and bank balances and tax assets and liabilities. Registered Office : Unilever House, B.D. Sawant Marg, Chakala, Andheri East, Mumbai 400 099. CIN: L15140MH1933PLC002030. Tel : +91 (22) 5043 3000. Email: levercare.shareholder@unilever.com ~ u~- UwutuL
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(Rs in Crores) Unaudited Audited As at 30th September, 2026 As at 31st March, 2026 ASSETS 1 Non-current assets Property, plant and equipment 8,383 8,182 Capital work-in-progress 1,000 880 Goodwill 18,062 18,062 Other intangible assets 31,173 31,184 Financial assets - Investments 112 112 - Loans 77 85 - Other financial assets 714 709 Deferred tax assets 15 14 Non-current tax assets (net) 872 1,146 Other non-current assets 365 357 Total - Non-current assets 60,773 60,731 2 Current assets Inventories 5,126 4,789 Financial assets - Investments 7,365 4,247 - Trade receivables 3,698 3,379 - Cash and cash equivalents 1,798 2,583 - Bank balances other than cash and cash equivalents mentioned above 643 665 - Loans 34 50 - Other financial assets 1,984 1,979 Current tax assets (net) 47 156 Other current assets 1,436 1,159 22,131 19,007 Assets held for sale 3 14 Total - Current assets 22,134 19,021 TOTAL - ASSETS 82,907 79,752 EQUITY AND LIABILITIES 1 EQUITY Equity share capital 235 235 Other equity 48,595 48,504 Non-controlling interests 281 269 Total - Equity 49,111 49,008 2 LIABILITIES Non-current liabilities Financial liabilities - Lease liabilities 1,235 1,104 - Other financial liabilities 550 1,241 Provisions 1,636 1,684 Deferred tax liabilities 7,449 7,474 Non-current tax liabilities (net) 3,631 3,692 Total - Non-current liabilities 14,501 15,195 Current liabilities Financial liabilities - Borrowings 14 - - Lease liabilities 423 374 - Trade payables total outstanding dues of micro enterprises and small enterprises 537 458 total outstanding dues of creditors other than micro enterprises and small enterprises 15,515 12,867 - Other financial liabilities 1,603 845 Other current liabilities 633 736 Provisions 272 265 Current tax liabilities (net) 298 4 Total - Current liabilities 19,295 15,549 TOTAL - EQUITY AND LIABILITIES 82,907 79,752 CONSOLIDATED BALANCE SHEET AS AT 30TH SEPTEMBER, 2026 Statement of Assets and Liabilities A B ~ U~ev- ~
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(Rs in Crores) A CASH FLOWS FROM OPERATING ACTIVITIES: Profit before tax from Continuing Operations 7,446 6,969 Profit / (loss) before tax from Discontinued Operations - (96) Adjustments for: Depreciation and amortisation expense 716 727 (Gain)/ loss on sale of property, plant and equipment (8) 19 Interest income (265) (218) Dividend income (1) - Other non-operating income - Fair value gain on investments (81) (110) Interest expense 149 256 Payment from Retirement Benefit Scheme Reserve - (0) Share of loss of joint venture - 4 Reversal of indemnification asset on expiry of underlying income tax provision - 34 Inventory written off (net) 137 139 Bad debts/ assets written off net of provision/ (write back) 1 (5) Equity settled share based payment expense 17 15 Mark-to-market loss / (gain) on derivative financial instruments 23 (15) Cash generated from operations before working capital changes 8,134 7,719 Adjustments for: (Increase)/ decrease in Non-Current assets 23 9 (Increase)/ decrease in Current Assets (634) (935) (Increase)/ decrease in Inventories (781) (97) Increase/ (decrease) in Non-Current Liabilities (217) (164) Increase/ (decrease) in Current Liabilities 2,768 573 Cash flows generated from operations 9,293 7,105 Taxes paid, net of refunds (1,271) (838) Net cash flows generated from operating activities - [A] 8,022 6,267 B CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property, plant and equipment (661) (617) Sale proceeds of property, plant and equipment 58 10 Purchase of intangible assets (5) (42) Purchase consideration towards business combination - (2,661) Purchase of non-current investments - (100) Purchase of current investments (19,198) (9,522) Redemption proceeds of current investments 16,161 9,579 Loans repaid by others 0 - (1) (1,998) 50 1,090 (15) - 11 - Redemption/maturity of term deposits (with remaining maturity of more than twelve months) 2 - Interest received 252 230 Dividend received from others 1 - Net cash flows used in investing activities - [B] (3,345) (4,031) C CASH FLOWS FROM FINANCING ACTIVITIES: Dividends paid (5,169) (5,639) Proceeds from current borrowings 14 - Repayment of current borrowings - (46) Interest paid on borrowings (0) (2) Principal payment of lease liabilities (242) (237) Interest paid on lease liabilities (65) (68) Net cash flows used in financing activities - [C] (5,462) (5,992) Net decrease in cash and cash equivalents - [A+B+C] (785) (3,756) Add: Cash and cash equivalents at the beginning of the period 2,583 6,070 Add: Cash acquired under Business Combination - 13 Cash and cash equivalents at the end of the period 1,798 2,327 Components of cash and cash equivalents: Cash and cash equivalents as per Consolidated Balance Sheet 1,798 2,341 Less: Bank overdraft - (14) 1,798 2,327 Investments in term deposits (with original maturity of more than twelve months but remaining maturity of less than twelve months) Redemption/maturity of term deposits (with original maturity of more than twelve months but remaining maturity of less than twelve months) Cash and cash equivalents for Consolidated Statement of Cash Flows Note: The above Consolidated Statement of Cash Flows has been prepared under the ‘Indirect Method’ as set out in Ind AS 7, 'Statement of Cash Flows'. UNAUDITED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED 30TH SEPTEMBER, 2026 Six months ended 30th September, 2026 Six months ended 30th September, 2025 Investment in term deposits (having original maturity of more than 3 months) Redemption/maturity of term deposits (having original maturity of more than 3 months) 11
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Notes to consolidated financial results: 1. Total sales at Rs. 18,071 crores grew by 15% during the quarter. 2. Earnings before interest, tax, depreciation and amortization [EBITDA] for the quarter at Rs. 4,089 crores [SQ 25: Rs. 3,785 crores] grew by 8%. EBITDA margin at 22.6% declined by 140 bps vs SQ 25. 3. Profit before tax before exceptional items for the quarter at Rs. 3,812 crores [SQ 25: Rs. 3,483 crores] grew by 9%. 4. Exceptional items in SQ 26 include profit from disposal of surplus assets of Rs. 2 crores [SQ 25: Nill. restructuring expenses of Rs. 0 crores [SQ 25: Rs. 51 crores], acquisition and disposal related costs of Rs. 0 crores [SQ 25: Rs. 3 crores]. SQ 25 included a one off gain of Rs. 273 crores pursuant to resolution of prior years· tax matters. 5. Profit after tax before exceptional items for the quarter at Rs. 2,795 crores [SQ 25: Rs. 2,553 crores] grew by 9%. 6. Profit after tax for the quarter at Rs. 2,796 crores [SQ 25: Rs. 2,791 crores] was flat on account of the one-off tax-related gain of Rs. 273 crores in SQ 25. 7. The Board of Directors declared an interim dividend of Rs. 19/- per equity share of face value of Re.1/- each for the financial year ending 31st March 2027. The record date for the purpose of determining the entitlement for payment of interim dividend is fixed as 12th November 2026. 8. The above results have been reviewed by the Audit Committee at its meeting held on 27th October 2026 and approved by the Board of Directors at their meeting held on 28th October 2026. 9. The statutory auditors have issued an unmodified report on the above results . 10. The text of the above statement was approved by the Board of Directors at their meeting held on 28th October 2026. For more details on Results, visit Investor Relations section of our website at http ://www .hul.co.in and Financial Results under Corporates section of www.nseindia.com and www.bseindia.com . Place: Mumbai Date: 28th October 2026 By order of the Board of Directors Priya Sukumar Nair Priya Nair Digitally signed by Priya Sukumar Nair Date: 2026.10.28 09:25:13 +05'30' Managing Director and Chief Executive Officer [DIN: 07119070]
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Walker Chandiok & Co LLP 42nd Floor, Building Commerz III, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East), Mumbai-400063 T +91 22 6626 2699 Chartered Accountants Offices in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahati , Hyderabad, Indore, Jaipur, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- 2085 and has its registered office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India the Standalone Unaudited Quarterly Financial Results and Year to Date results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Hindustan Unilever Limited 1. We have reviewed the accompanying statement of standalone unaudited Hindustan Unilever Limited for the quarter ended 30 September 2026 and the year to date results for the period 01 April 2026 to 30 September 2026 being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended . 2. principles laid down in Indian Accounting Standard 34, Interim Financial Reporting generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under Section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Walker Chandiok &.Co LLP Independent Auditor's Report on financial results ('the Statement') of ('the Company') ) ('Listing Regulations') The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles
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Hindustan Unilever Limited Year to Date Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Chartered Accountants Offices in Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Dehradun, Goa, Gurugram, Guwahati, Hyderabad, Indore, Jaipur, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC- 2085 and has its registered office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No.: 001076N/N500013 Aasheesh Arjun Singh Partner Membership No. 210122 UDIN: 26210122AQXKUQ9295 Place: Mumbai Date: 28 October 2026 Independent Auditor's Review Report on the Standalone Unaudited Quarterly Financial Results and Aasheesh Digitallysignedby Aasheesh Arjun Singh Ar1·un Singh Date:2026.10.28 09:29:11 +05'30'
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2026 2025 2026 2026 2025 2026 CONTINUING OPERATIONS Revenue from operations 17,399 15,099 16,514 Sale of products 33,913 30,102 61,315 144 164 143 Other operating revenue 287 335 660 259 228 233 Other income 492 475 959 17,802 15,491 16,890 TOTAL INCOME 34,692 30,912 62,934 EXPENSES 5,726 5,103 4,662 Cost of materials consumed 10,388 9,862 18,726 4,107 2,614 3,898 Purchases of stock-in-trade 8,005 5,718 12,753 (442) (163) 41 (401) (349) (395) 773 652 688 Employee benefits expense 1,461 1,272 2,843 65 106 64 Finance costs 129 211 363 324 288 314 Depreciation and amortisation expense 638 577 1,186 Other expenses 1,311 1,498 1,507 Advertising and promotion 2,818 2,996 5,754 2,109 1,940 2,093 Others 4,202 3,839 7,830 13,973 12,038 13,267 TOTAL EXPENSES 27,240 24,126 49,060 3,829 3,453 3,623 PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX 7,452 6,786 13,874 2 219 (75) Exceptional items [net credit / (charge)] (73) 94 206 3,831 3,672 3,548 Profit before tax 7,379 6,880 14,080 Tax expenses (954) (891) (901) Current tax (1,855) (1,354) (3,070) (33) 6 (16) Deferred tax (charge) / credit (49) (34) 10 2,844 2,787 2,631 PROFIT FOR THE PERIOD / YEAR FROM CONTINUING OPERATIONS (A) 5,475 5,492 11,020 DISCONTINUED OPERATIONS - (97) - - (59) (135) - (35) - Exceptional items of discontinued operations [net (charge) / credit] - (37) 4,471 - 35 - Tax credit of discontinued operations - 26 71 - (97) - PROFIT / (LOSS) FOR THE PERIOD / YEAR FROM DISCONTINUED OPERATIONS (B) - (70) 4,407 2,844 2,690 2,631 PROFIT FOR THE PERIOD / YEAR (C = A+B) 5,475 5,422 15,427 OTHER COMPREHENSIVE INCOME Items that will not be reclassified to profit or loss - - - Remeasurements of the net defined benefit plans - - 8 - - - Tax on above - - (2) Items that will be reclassified to profit or loss - 1 - Fair value of debt instruments through other comprehensive income - 1 - - (0) - Tax on above - (0) - (2) 3 15 Fair value of cash flow hedges through other comprehensive income 13 (19) 268 1 (0) 73 Tax on above 74 (0) (73) (1) 4 88 OTHER COMPREHENSIVE INCOME FOR THE PERIOD / YEAR (D) 87 (18) 201 2,843 2,694 2,719 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD / YEAR (C+D) 5,562 5,404 15,628 235 235 235 Paid up equity share capital (face value Re. 1 per share) 235 235 235 Other equity 48,988 For continuing operations 12.10 11.86 11.20 Basic (in Rs.) 23.30 23.37 46.90 12.10 11.86 11.20 Diluted (in Rs.) 23.30 23.37 46.90 For discontinued operations - (0.41) - Basic (in Rs.) - (0.30) 18.76 - (0.41) - Diluted (in Rs.) - (0.30) 18.75 For continuing and discontinued operations 12.10 11.45 11.20 Basic (in Rs.) 23.30 23.07 65.66 12.10 11.45 11.20 Diluted (in Rs.) 23.30 23.07 65.65 Changes in inventories of finished goods, work-in-progress and stock-in-trade Profit / (loss) before exceptional items and tax from discontinued operations Earnings per equity share (face value of Re. 1 each) STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER, 2026 (Rs in crores) Unaudited results for the quarter ended 30th September Unaudited results for the quarter ended 30th June Particulars Unaudited results for six months ended 30th September Audited results for the year ended 31st March ~ U....Rwe.--~
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2026 2025 2026 2026 2025 2026 Segment revenue (sales and other operating revenue) 6,882 5,667 6,560 - Home care 13,442 11,450 23,689 3,935 3,389 3,721 - Beauty & wellbeing 7,656 6,738 13,684 2,618 2,426 2,624 - Personal care 5,242 4,967 9,567 3,849 3,547 3,480 - Foods 7,329 6,806 14,061 259 234 272 - Others (includes exports) 531 476 974 17,543 15,263 16,657 Total segment revenue from continuing operations 34,200 30,437 61,975 - 322 - Segment revenue from discontinued operations - 1,079 1,257 1,070 1,050 1,089 - Home care 2,159 2,143 4,368 1,242 1,031 1,117 - Beauty & wellbeing 2,359 2,008 4,134 443 487 511 - Personal care 954 957 1,783 834 721 692 - Foods 1,526 1,330 2,824 46 42 45 - Others (includes exports) 91 84 169 3,635 3,331 3,454 Total segment results from continuing operations 7,089 6,522 13,278 - (92) - Segment results from discontinued operations - (49) (122) Unallocable items (continuing operations): 259 228 233 Other income 492 475 959 (65) (106) (64) Finance costs (129) (211) (363) 2 219 (75) Exceptional items [net credit / (charge)] (73) 94 206 3,831 3,672 3,548 Profit before tax from continuing operations 7,379 6,880 14,080 - (132) - Profit / (loss) before tax from discontinued operations - (96) 4,336 Segment assets 6,517 5,668 6,316 - Home care 6,517 5,668 5,942 4,549 4,074 3,916 - Beauty & wellbeing 4,549 4,074 3,976 3,546 3,476 3,366 - Personal care 3,546 3,476 3,410 50,037 51,705 49,735 - Foods 50,037 51,705 50,228 351 418 331 - Others (includes exports) 351 418 361 16,086 14,135 20,021 - Unallocable corporate assets 16,086 14,135 14,065 81,086 79,476 83,685 Total assets 81,086 79,476 77,982 Segment liabilities 6,501 5,023 7,228 - Home care 6,501 5,023 6,247 5,510 4,504 5,146 - Beauty & wellbeing 5,510 4,504 4,348 3,349 2,727 3,280 - Personal care 3,349 2,727 2,854 4,419 3,834 4,360 - Foods 4,419 3,834 3,597 187 208 204 - Others (includes exports) 187 208 210 11,793 14,230 16,991 - Unallocable corporate liabilities 11,793 14,230 11,503 31,759 30,526 37,209 Total liabilities 31,759 30,526 28,759 Notes: Segment results Segment revenue, results, assets and liabilities represent amounts identifiable to each of the segments. Other income mainly includes interest income, dividend income and income from current investments (net). Segment assets and segment liabilities are as at 30th September 2026, 30th June 2026, 31st March 2026 and 30th September 2025. Unallocable corporate assets less unallocable corporateliabilities mainly represent investment of surplus funds, cash and bank balances and tax assets and liabilities. Registered Office : Unilever House, B.D. Sawant Marg, Chakala, Andheri East, Mumbai 400 099. CIN: L15140MH1933PLC002030. Tel : +91 (22) 5043 3000. Email: levercare.shareholder@unilever.com STANDALONE SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES (Rs in crores) Unaudited results for the quarter ended 30th September Unaudited results for the quarter ended 30th June Particulars Unaudited results for six months ended 30th September Audited results for the year ended 31st March ~ v......e.ww ~
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(Rs in Crores)Unaudited AuditedAs at30th September, 2026As at31st March, 2026ASSETS1 Non-current assetsProperty, plant and equipment 7,437 7,191Capital work-in-progress 922 833Goodwill 17,281 17,281Other intangible assets 27,937 27,947Financial assets- Investments in subsidiaries 4,632 4,632- Investments 111 111- Loans 446 343- Other financial assets 699 691Non-current tax assets (net) 810 1,078Other non-current assets 355 340Total - Non-current assets 60,630 60,4472 Current assetsInventories 4,609 4,383Financial assets- Investments 7,340 4,136- Trade receivables 3,296 3,037- Cash and cash equivalents 1,403 2,286- Bank balances other than cash and cash equivalents mentioned above 557 544- Loans 33 49- Other financial assets 1,967 1,947Current tax assets (net) 31 154Other current assets 1,217 98520,453 17,521Assets held for sale3 14 Total - Current assets 20,456 17,535TOTAL - ASSETS 81,086 77,982EQUITY AND LIABILITIES1 EQUITYEquity share capital 235 235Other equity 49,092 48,988Total - Equity 49,327 49,2232 LIABILITIESNon-current liabilitiesFinancial liabilities- Lease liabilities 1,141 994- Other financial liabilities 539 819Provisions 1,608 1,663Deferred tax liabilities (net) 6,624 6,649Non-current tax liabilities (net) 3,623 3,685Total - Non-current liabilities 13,535 13,810Current liabilitiesFinancial liabilities- Lease liabilities 389 331- Trade payablestotal outstanding dues of micro enterprises and small enterprises 473 39615,123 12,517- Other financial liabilities 1,113 760Other current liabilities 582 688Provisions 263 257Current tax liabilities (net) 281 - Total - Current liabilities 18,224 14,949TOTAL - EQUITY AND LIABILITIES 81,086 77,982 STANDALONE BALANCE SHEET AS AT 30TH SEPTEMBER, 2026Statement of Assets and LiabilitiesA Btotal outstanding dues of creditors other than micro enterprises and small
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(Rs in Crores)ACASH FLOWS FROM OPERATING ACTIVITIES:Profit before tax from Continuing Operations7,379 6,880Profit / (loss) before tax from Discontinued Operations- (96) Adjustments for:Depreciation and amortisation expense638 656 (Gain)/ loss on sale of property, plant and equipment(8) 18Interest income(266) (215) Dividend income(152) (140) Other non-operating income - Fair value gain on investments(74) (104)Interest expense129 221 Reversal of indemnification asset on expiry of underlying income tax provision- 34 Inventory written off (net)133 139 Bad debts/ assets written off net of Provision/ (write back)0 (3) Equity settled share based payment expense17 15 Mark-to-market (gain)/ loss on derivative financial instruments30 (19) Cash generated from operations before working capital changes7,826 7,386 Adjustments for:(Increase)/decrease in Non-Current Assets16 10 (Increase)/decrease in Current Assets(525) (1,020) (Increase)/decrease in Inventories(665) (98) Increase/(decrease) in Non-Current Liabilities(186) (117) Increase/(decrease) in Current Liabilities2,690 514 Cash flows generated from operations9,156 6,675 Taxes paid, net of refunds(1,210) (780) Net cash flows generated from operating activities - [A]7,946 5,895 BCASH FLOWS FROM INVESTING ACTIVITIES:Purchase of property, plant and equipment(600) (575) Sale proceeds of property, plant and equipment58 10 Purchase of Intangible assets(5) (42) Investment in subsidiary- (2,706)Purchase of non-current investments- (100) Purchase of current investments(17,939) (8,195) Redemption proceeds of current investments14,818 8,219 Loans given to subsidiaries(115) (105) Loans repaid by subsidiaries5 143 Loans repaid by others0 - Investment in term deposits (having original maturity of more than 3 months)- (1,903) Redemption/maturity of term deposits (having original maturity of more than 3 months)- 1,090 Interest received245 227 Dividend received from subsidiaries 151 140 Dividend received from others1 - Net cash flows used in investing activities - [B](3,381) (3,797) CCASH FLOWS FROM FINANCING ACTIVITIES:Dividends paid(5,169) (5,639) Principal payment of lease liabilities(220) (218) Interest paid on lease liabilities(59) (62) Net cash flows used in financing activities - [C](5,448) (5,919) Net decrease in cash and cash equivalents - [A+B+C](883) (3,821) Add: Cash and cash equivalents at the beginning of the period 2,286 5,947 Cash and cash equivalents at the end of the period1,403 2,126 UNAUDITED STANDALONE STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED 30th SEPTEMBER, 2026Six months ended 30th September, 2026Six months ended 30th September, 2025 Note: The above Standalone Statement of Cash Flows has been prepared under the ‘Indirect Method’ as set out in Ind AS 7, 'Statement of Cash Flows'.
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Notes to standalone financial results: 1. Total sales at Rs. 17,399 crores grew by 15% during the quarter. 2. Earnings before interest, tax, depreciation and amortization [EBITDA] for the quarter at Rs. 3,959 crores [SQ 25: Rs. 3,619 crores] grew by 9%. EBITDA margin at 22.8% declined by 120 bps vs SQ 25. 3. Profit before tax before exceptional items for the quarter at Rs. 3,829 crores [SQ 25: Rs. 3,453 crores] grew by 11 %. 4. Exceptional items in SQ 26 include profit from disposal of surplus assets of Rs. 2 crores [SQ 25: Nill. restructuring expenses of Rs. 0 crores [SQ 25: Rs. 51 crores], acquisition and disposal related costs of Rs. 0 crores [SQ 25: Rs. 3 crores]. SQ 25 included a one off gain of Rs. 273 crores pursuant to resolution of prior years· tax matters. 5. Profit after tax before exceptional items for the quarter at Rs. 2,843 crores [SQ 25: Rs. 2,551 crores] grew by 11 %. 6. Profit after tax for the quarter at Rs. 2,844 crores [SQ 25: Rs. 2,787 crores] grew by 2% on account of the one-off tax-related gain of Rs. 273 crores in SQ 25. 7. The Board of Directors declared an interim dividend of Rs. 19/- per equity share of face value of Re.1/- each for the financial year ending 31st March 2027. The record date for the purpose of determining the entitlement for payment of interim dividend is fixed as 12th November 2026. 8. The above results have been reviewed by the Audit Committee at its meeting held on 27th October 2026 and approved by the Board of Directors at their meeting held on 28th October 2026. 9. The statutory auditors have issued an unmodified report on the above results . 10. The text of the above statement was approved by the Board of Directors at their meeting held on 28th October 2026. For more details on Results, visit Investor Relations section of our website at http ://www .hul.co.in and Financial Results under Corporates section of www.nseindia.com and www.bseindia.com . Place: Mumbai Date: 28th October 2026 By order of the Board of Directors Priya Sukumar ~~t~~:/~a~~dbyPriya Na•, r Date: 2026.10.28 09:25:39 +05'30' Priya Nair Managing Director and Chief Executive Officer [DIN: 07119070]
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Hindustan Unilever Limited SQ’26 Results 28th October 2026
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Sensitivity: Public SQ’26 Results 2 Safe harbour statement This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar expressions or variations of these expressions or negatives of these terms indicating future performance or results, financial or otherwise, which are forward-looking statements. These forward-looking statements are based on certain expectations, assumptions, anticipated developments and other factors which are not limited to, risk and uncertainties regarding fluctuations in earnings, market growth, intense competition and the pricing environment in the market, consumption level, ability to maintain and manage key customer relationship and supply chain sources and those factors which may affect our ability to implement business strategies successfully, namely changes in regulatory environments, political instability, change in international oil prices and input costs and new or changed priorities of the trade. The Company, therefore, cannot guarantee that the forward-looking statements made herein shall be realised. The Company, based on changes as stated above, may alter, amend, modify or make necessary corrective changes in any manner to any such forward-looking statement contained herein or make written or oral forward-looking statements as may be required from time to time on the basis of subsequent developments and events. The Company does not undertake any obligation to update forward-looking statements that may be made from time to time by or on behalf of the Company to reflect the events or circumstances after the date hereof.
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Priya Nair Chief Executive Officer and Managing Director
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Sensitivity: Public SQ’26 Results 4 SQ’26: Operating context Resilient Indian economy Macro indicators intact Geopolitical environment Elevated commodity prices Consumption trend Positive demand conditions Synthetic human images created using generative AI to support illustrative and visual storytelling and do not represent actua l persons.
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Sensitivity: Public SQ’26 Results 5 SQ’26: Sustained acceleration in performance Underlying Sales Growth (USG): Increase in turnover for the period, excluding any change resulting from acquisitions and disposa ls Underlying Volume Growth (UVG): Volume growth including the impact of mix of turnover realisation of products sold PAT (bei): Profit After Tax before exceptional items Broad-based Underlying Sales Growth across segments Home Care Beauty & Wellbeing Personal Care Foods 22% 16% 9% 9% Turnover ₹ 18,071 cr. USG 15% UVG 7% PAT (bei) Growth 9%
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Sensitivity: Public SQ’26 Results 6 FH FY’27: Leading to consistent growth momentum Underlying Sales Growth (USG): Increase in turnover for the period, excluding any change resulting from acquisitions and disposa ls Underlying Volume Growth (UVG): Volume growth including the impact of mix of turnover realisation of products sold PAT (bei): Profit After Tax before exceptional items Turnover USG UVG PAT (bei) Growth Interim dividend ₹ 19 per share ₹ 35,255 cr. 12% 6% 9%
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Sensitivity: Public SQ’26 Results 7 DELIVER COMPETITIVE VOLUME - LED GROWTH UNDERPINNED BY TALENT, CULTURE & ESG ENABLERS Crafting Desirable Brands Future-fit Go-to-Market AI as a Moat VALUE CREATION MODEL Generate Fuel for Growth Deploy Fuel for Growth Step-up Capital for Growth Deliver Volume-led Profit Growth Consumption MORE USAGE Premiumisation MORE BENEFITS Market Making MORE USERS New Spaces MORE CATEGORIES 40% delta 40% delta 20% delta Our strategy: Winning In New India Delta.: Incremental Turnover Contribution
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Sensitivity: Public SQ’26 Results 8 Disciplined execution anchored to our strategy Synthetic human images created using generative AI to support illustrative and visual storytelling and do not represent actua l persons. Crafting desirable brands Entering new demand spaces Winning in volatile environment Building future-fit Go-to-Market
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Niranjan Gupta Chief Financial Officer
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Sensitivity: Public SQ’26 Results 10 SQ’26: Consolidated results 15% 7% Underlying Sales Growth Underlying Volume Growth Topline 22.6% Margin Change YoY -140 bps EBITDA Margin INR Growth YoY 4,089 cr. 8% EBITDA INR Growth YoY 2,795 cr. 9% PAT (bei) Underlying Sales Growth (USG): Increase in turnover for the period, excluding any change resulting from acquisitions and disp osals Underlying Volume Growth (UVG): Volume growth including the impact of mix of turnover realisation of products sold PAT (bei): Profit After Tax before exceptional items
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Sensitivity: Public SQ’26 Results 11 FH FY’27: Delivering volume-led profit growth Sequential step-up in revenue and profit growth Focused on protecting consumer franchise 3% 6% 12% -6% -1% 4% 9% 14 % Underlying Sales Growth Calibrated pricing actions 01 02 Accelerated savings A&P spends productivity 03 Executing with discipline Underlying Sales Growth (USG): Increase in turnover for the period, excluding any change resulting from acquisitions and disp osals PAT (bei): Profit After Tax before exceptional items Synthetic human images created using generative AI to support illustrative and visual storytelling and do not represent actua l persons. FH FY’26 SH FY’26 FH FY’27 -2% 2% 9%PAT (bei) Growth
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Sensitivity: Public SQ’26 Results 12 Home Care ₹6,878 cr. Revenue | 16% Margin Fabric Wash: Strong double-digit growth across liquids, powders and bars. All brands contributed to performance reflecting resilience of our portfolio and strength of execution. Surf excel Easy Wash ₹99 pack continued to drive premiumisation in powders Household Care: Accelerated its performance with double-digit USG driven by volumes. Vim Liquids continued to outperform with double-digit, volume-led growth trajectory Focused market development actions in liquids expanded penetration, supported volume resilience and strengthened market leadership USG: 22% UVG: Double-digit growth Segment Revenue = Segment Turnover + Other Operating Revenue Segment Margin (EBIT) excludes exceptional items
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Sensitivity: Public SQ’26 Results 13 Beauty & Wellbeing ₹4,319 cr. Revenue | 29% Margin Hair Care: Accelerated its double-digit, volume-led growth trajectory. Performance was broad-based across brands and formats, with Premium Hair Care and innovations continuing to outperform Skin Care and Colour Cosmetics: Delivered double-digit, volume-led growth. Premium Skin Care maintained its growth trajectory. Minimalist accelerated growth and strengthened portfolio through innovations in emerging demand spaces Health & Wellbeing: Subdued performance in OZiva. Category fundamentals remain healthy and innovation funnel is in place to drive growth USG: 16% UVG: Double-digit growth Segment Revenue = Segment Turnover + Other Operating Revenue Segment Margin (EBIT) excludes exceptional items
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Sensitivity: Public SQ’26 Results 14 Personal Care ₹2,617 cr. Revenue | 17% Margin USG: 9% UVG: Flat Segment Revenue = Segment Turnover + Other Operating Revenue Segment Margin (EBIT) excludes exceptional items Skin Cleansing: Delivered double-digit growth, driven by pricing actions in an inflationary environment Focused market development actions in Pears and Dove bars supported delivery of double-digit, volume-led growth. Bodywash continued to strengthen penetration and market leadership through step-up in sampling initiatives and in-store activations Oral Care: Reported low-single digit growth. Premium innovations maintained its double-digit growth trajectory
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Sensitivity: Public SQ’26 Results 15 Foods ₹3,849 cr. Revenue | 22% Margin USG: 9% UVG: Low-single digit growth Segment Revenue = Segment Turnover + Other Operating Revenue Segment Margin (EBIT) excludes exceptional items Beverages: Coffee delivered high-single digit growth driven by volumes. Inflation moderated performance in Tea, led by softer performance in mass tea. Premium tea innovations continued to scale well Lifestyle Nutrition: Accelerated its double-digit growth momentum, driven by continued focus on execution and market development. Horlicks Biscuits and Ready-To-Drink format continued to grow well. Newly launched Horlicks Protein is seeing encouraging traction Packaged Foods: Delivered double-digit, broad-based growth. Kissan condiments was relaunched with contemporary packaging and strengthened proposition
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Sensitivity: Public SQ’26 Results 16 Mid-term outlook Demand Underlying demand environment remains resilient, supported by healthy macro indicators Expect FY’27 to be better than FY’26 driven by portfolio and channel transformation Margin Commodity inflation expected to continue in the short-term Consolidated EBITDA Margin to be within the current guided range of 22-24% Focus Driving competitive, volume-led profit growth anchored to our WINI strategy
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Hindustan Unilever Limited SQ’26 Results 28th October 2026