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Small is not big for HUL, bucks trend to hive off businesses
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Hindustan Unilever clocked INR900 crore in incremental revenue over the past two years due to digital-first launches and new product offerings. The company launched brands like Acne Squad, Find Your Happy Space and Novology, among others. However, HUL s chairman Nitin Paranjpe flagged "short-term" challenges due to inflation and supply chain disruptions caused by the pandemic. He maintained that within 6-24 months, the balance between volume growth and price increases will change, with less pricing and more volume growth.
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