HUL strategy needs an upgrade to meet new India's aspirations: MD Rohit Jawa

HUL's sales expanded 2% while net profit grew less than 2% in fiscal 2024, a steep decline from FY23 when its revenue and profit had increased 16% and 13%, respectively. The company's performance is considered a proxy for broader consumer sentiment in India. With annual sales of over Rs 60,000 crore, the Indian unit of Anglo-Dutch consumer giant Unilever is by far the market leader in laundry, soaps, shampoo, tea and skin care categories, and the second biggest in coffee and oral care.