Hindustan Unilever (HUL), a leading fast-moving consumer goods (FMCG) player in India, is expected to announce a 14% YoY hike in Q4 revenue growth to Rs 15,347 crore driven by price hikes. The company is also expected to report a 12.33% YoY increase to Rs 2,614 crore in net profit in the final quarter of the financial year 2021-22 (FY22), EBITDA margins are expected to remain flat at 24% for Q4., Companies News, Times Now
The company announced its foray into the ‘Health & Wellbeing’ category through strategic investments in Zywie Ventures Private Limited, Nutritionalab Private Limited
Best Media Info: HUL will acquire a 51% equity stake in OZiva and the balance of 49% will be acquired at the end of 36 months. HUL will acquire a 19.8% equity stake in wellbeing Nutrition through a combination of prim| Marketing News