Volume-led revenue growth will be the focus for fast-moving consumer goods leader Hindustan Unilever, which reported a 2 per cent sales growth on flat underlying volume growth in the second quarter of FY26.

Sales during the quarter were hit by trade de-stocking due to the new GST rates that led to delayed consumer purchases as well as price transitions. The company described it as ‘transitory business disruption”.

HUL reported 3.6 per cent increase in net profit at ₹2,685 crore in the September quarter, aided by one-time tax gain of Rs 184 crore. Profit before tax and exceptional items fell 5 per cent. Revenue rose about 2 per cent to ₹16,241 crore, mainly due to the pricing actions it had taken across its portfolio and decent sales in beauty and foods segments.

The company, in its near

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