New Delhi, Sept. 4 -- Consumer goods major Hindustan Unilever Ltd plans to step up spending on its business, raising productive capital expenditure to 3% of turnover from around 2% to deliver long-term, competitive, volume-led profit growth.

The Lux and Surf Excel maker said this in its Capital Markets Day presentation submitted to the stock exchanges on Friday.

Over the last five years, total capex for growth & savings was 2% of turnover. The company reported an annual turnover of Rs.63,763 crore in FY26.

HUL also said that it will decisively enter select high-growth spaces that exhibit sustainable growth, have a profit pool, and are spaces where HUL has the right to win. This includes categories such as male grooming, masstige skinca...