HUL focuses on volume-led growth, absorbs half of input inflation to protect consumers: CEO
Mumbai, July 28 -- Fast-moving consumer goods (FMCG) major Hindustan Unilever Limited (HUL) said it remains focused on driving volume-led revenue growth while absorbing a part of the input cost inflation to minimise the impact on consumers.
Speaking after the company's Q1 FY27 results, HUL Managing Director and Chief Executive Officer Priya Nair said the company passed on only half of the input cost inflation through price hikes while absorbing the remaining pressure through cost-saving measures.
"Our approach is to calibrate the amount of price we pass on to consumers. In the June quarter, input inflation was around 10 per cent, but we passed on only a 5 per cent price increase. The rest is absorbed through savings and various savings ...
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