Home Care Delivers Strongest Growth in 11 Quarters
The Home Care segment delivered 9% growth in the March quarter, which the company said was its highest growth in 11 quarters. The performance was led by high-single digit Underlying Volume Growth. Fabric Wash reported double-digit growth, while Household Care delivered high-single digit growth.
The liquids portfolio continued its strong double-digit growth trajectory, while powders and bars also recorded an improved performance. The company highlighted that the segment continued to strengthen its market leadership through consumer-centric innovations and market development. Surf Excel also used high-impact events such as the Indian Premier League (IPL) to improve brand reach during the quarter.
Beauty And Wellbeing Led by Hair Care
Beauty and Wellbeing recorded 8% Underlying Sales Growth (USG), supported by mid-single digit Underlying Volume Growth. Hair Care reported strong double-digit growth and continued to strengthen its leadership position. The growth was broad-based across brands and formats.
In Skin Care and Colour Cosmetics, the premium portfolio performed well, but this was partly offset by subdued performance in mass skin care. Skin Care maintained strong double-digit growth momentum in Channels of the Future and continued to gain market share. During FY26, Vaseline and Sunsilk crossed the ₹1,000 crore annual turnover milestone, taking HUL’s total number of brands above ₹1,000 crore to 20.
Personal Care Growth Supported by Skin Cleansing
The Personal Care segment reported 5% Underlying Sales Growth. Skin Cleansing delivered high-single digit growth, supported by the performance of Dove and Lux. Premium Soaps and Bodywash recorded double-digit competitive growth, helped by continued market development initiatives.
Oral Care reported low-single digit growth, while Closeup strengthened its market share. During the quarter, HUL expanded its presence in the freshness segment with the launch of Lifebuoy Ice Bath. The company also strengthened its sensitive care portfolio with the launch of Pepsodent Sensitive Care.
Foods Segment Supported by Nutrition and Coffee
The Foods business delivered 5% Underlying Sales Growth, led by high-single digit Underlying Volume Growth. Tea reported low-single digit volume growth, while Coffee continued its strong double-digit growth momentum, supported by both volume and pricing.
Lifestyle Nutrition achieved double-digit growth, driven by Horlicks and Boost. The company said the Horlicks relaunch and expansion into new demand spaces have started showing encouraging early results. Packaged Foods reported mid-single digit growth, led by Ketchup, Chutneys, Mayonnaise and Unilever Food Solutions.
During the quarter, HUL also extended the Horlicks masterbrand into the protein segment with the launch of Horlicks Protein Ready-to-Drink.
Dividend And Corporate Updates
The Board recommended a final dividend of ₹22 per share for FY26. The company had earlier paid an interim dividend of ₹19 per share on November 20, 2025, taking the total dividend for the year to ₹41 per equity share of face value ₹1 each.
The record date for determining shareholder entitlement for the final dividend has been fixed as June 23, 2026.
During the quarter, HUL acquired the balance 49% stake in Zywie Ventures Private Limited for ₹824 crore, making it a wholly owned subsidiary. The company also approved the sale of its minority stake in Nutritionalab Private Limited for ₹307 crore. Following the closure of this transaction on March 4, 2026, the group recognised a profit of ₹256 crore, net of transaction costs, on the sale of stake in the joint venture.
HUL Share Price Slips Over 3% After Q4 Results
HUL share price came under pressure after the announcement of its results, slipping over 3% to ₹2,242 as of 10:59 AM on April 30. The stock witnessed profit booking from higher levels and was trading significantly below its day’s high of ₹2,368.80 recorded on the NSE.
Management Commentary
Priya Nair, CEO and Managing Director of HUL, said FY26 saw an improved demand environment supported by macro-economic policies. She noted that the company took steps to accelerate growth by sharpening its portfolio, scaling investments, strengthening frontline demand generation and simplifying the organisation.
According to the company, these actions helped improve performance through the year, with the March quarter delivering 8% revenue growth and 7% Underlying Sales Growth.
The management also pointed to heightened geopolitical tensions, which have created volatility in commodities and currency. HUL said it is navigating these challenges through disciplined savings, supply chain resilience and calibrated pricing actions. The company maintained that its strong brands, financial position and operational agility should support its ability to manage the volatile operating environment while focusing on sustainable and competitive growth.
