HUL s Horlicks and Boost repositioned as Functional Nutritional Drinks adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
New Delhi: Hindustan Unilever Ltd (HUL), which owns various brands including Horlicks and Boost, has revamped its 'health drinks' segment. The company has rebranded its 'health food drinks' category as 'functional nutritional drinks' (FND) and removed the 'health' tag from Horlicks, media reports said.
FMCG major Hindustan Unilever on Wednesday reported a 1.53 per cent decline in consolidated net profit to Rs 2,561 crore for the fourth quarter ended March 31, 2024 due to factors such as deflation and softening of commodity prices.
The company had posted a net profit of Rs 2,601 crore in the year-ago period, according to a regulatory filing from HUL.
Net sales of Hindustan Unilever Ltd (HUL) were almost flat to Rs 15,013 crore in the March quarter.