Hindustan Unilever Q2 FY27 Results: Consolidated Net Profit ₹2,796 Crore on Total Income of ₹18,386 Crore

Summary

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Income grew faster than profit. Profit before exceptional items grew 9% to ₹2,795 crore, according to the filing.

Finance costs fell to ₹74 crore from ₹124 crore a year earlier, 40.3% lower, and now make up 0.4% of total income. Other income of ₹160 crore is 4.2% of profit before tax. Tax of ₹1,018 crore is 26.7% of profit before tax, against 27.3% a year earlier, so tax does not account for the gap between profit growth and income growth in the table.

Consolidated EBITDA of ₹4,089 crore grew 8%, while the margin fell 140 bps to 22.6%. The filing says the margin was within the guided range. The company's outlook says consolidated EBITDA margin is to be within the current guided range of 22-24%, and that commodity inflation is expected to continue in the short term.

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Standalone net profit rose 2.0% YoY to ₹2,844 crore, against total income growth of 14.9%. The filing says the reported profit growth was on account of the one-off tax-related gain of ₹273 crore in the year-earlier quarter, so the reported growth rate is low against that base. Profit before tax before exceptional items grew 11% to ₹3,829 crore.

Standalone net profit is ₹48 crore higher than consolidated net profit in this quarter's figures, and standalone total income is ₹584 crore lower than consolidated. Standalone finance costs fell 38.7% to ₹65 crore. Standalone other income of ₹259 crore is 6.8% of profit before tax, and tax of ₹987 crore is 25.8% of profit before tax.

Standalone EBITDA of ₹3,959 crore grew 9%, with the margin down 120 bps to 22.8%.

The interim dividend of ₹19 per share, on a face value of ₹1, has a record date of 12 Nov 2026 and is to be paid on 25 Nov 2026. The filing does not state the total payout. Management expects FY27 to be better than FY26, driven by portfolio and channel transformation, according to the company's outlook. Consolidated turnover was ₹18,071 crore, up 15%, with underlying volume growth of 7%. For the half year, turnover was ₹35,255 crore with USG of 12% and UVG of 6%.

Inference

The filing states an interim dividend of ₹19 per share with a record date of 12 Nov 2026 and payment on 25 Nov 2026. The statutory auditors issued an unmodified review report on both sets of results, and the auditor's review did not cover Unilever Nepal Limited, a subsidiary, whose figures were reviewed by another auditor.

The filing does not say why finance costs fell or what caused the 140 bps fall in the consolidated EBITDA margin beyond the commodity inflation references in the outlook, and it does not state the total dividend payout.

Reference: Original filing (PDF)