

We aim to deliver consistent, competitive performance and drive long-term value creation for our shareholders.
Capital linkages
UN SDGs impacted
During the year, the FMCG industry witnessed subdued demand trends. While rural demand saw a gradual improvement, urban demand moderated. In this operating context, we stayed focused on driving volume growth, strengthening competitiveness, transforming our portfolio in high-demand spaces whilst maintaining healthy margins.
Turnover
Earning Per Share
Profit After Tax
Dividend Per Share*
*Including special dividend, final dividend is subject to shareholder approval
Sustainability is one of the key pillars of our strategy and imperative for our business. With a sharper focus, we are driving sustainability across the value chain with renewed rigour and a firm belief that 'What is good for India is good for HUL'. Our best-in-class ESG ratings in the Indian FMCG sector not only underscores our commitment to responsible practices but also to transparent reporting.
reduction in scope 1 emissions vs previous year
of land under regenerative agricultural practices*
was launched with three Government of India Ministries to enchance waste circularity
reached through Prabhat since inception
*For calendar year 2024, HUL and subsidiaries
During the year, we presented our strategy aimed at unlocking a billion aspirations for India. We have segmented our portfolio to prioritise investments for growth maximisation, pivoted investments towards evolving demand drivers and have accelerated future proofing of our distinctive capabilities. This focussed approach, coupled with our winning culture and ingrained commitment to sustainability, reinforces our confidence in driving portfolio transformation at pace to continue creating long-term value for our shareholders.
Ritesh Tiwari
Executive Director, Finance & IT and Chief Financial Officer
In FY 2024-25, we delivered competitive growth, further strengthening our market position. This was fuelled by robust mid-single-digit absolute volume (tonnage) growth. Our ability to successfully traverse challenging market conditions is a testament to the strength of our brands, strong operational rigour and rapid portfolio transformation into high-growth spaces.
Delivered mid-single digit absolute volume (tonnage) growth
Further strengthened share gains through competitive growth
We have segmented our portfolio into Core, Future Core and Market Makers. This approach facilitates better prioritisation of resources and crafting of tailored strategies to maximise each portfolio's contribution to overall organisational growth. During the year, we continued to contemporise our Core portfolio, unlocked access of our Future Core portfolio by democratising trends and built segments of the future through our Market Makers portfolio.
200 bps portfolio shift from Core to Future Core and Market Makers
Our ₹ 7,000 Cr Market Makers portfolio delivered strong double-digit growth
During the year, we continued to generate fuel for growth with our end-to-end net productivity program across all the lines of the P&L. We deployed the generated savings to build our brands, pioneer category-defining innovations, pivot A&P spends towards digital media and build digital capabilities, in line with our strategy.
50.3% gross margin
80%+ of business is superior to eyeball competition*
*Basis our Unmissable Brand Superiority framework as on December 2024
We have executed several strategic portfolio decisions over the past few years to sharpen our where-to-play choices, notably accelerating this year. On an ongoing basis, we evaluate various strategic opportunities for organic and inorganic growth, strategic partnerships and investments, divestments, disposals for furtherance of our business and to maximise shareholder value.
Unlocked value of circa ₹ 600 crores through the divestment of our water business
Announced the acquisition of Minimalist, a brand with an annual turnover of ₹ 500 crores in FY
2025*
*Unaudited financials of Uprising Science Private Limited
(Minimalist)
Our Board of Directors approved the demerger of the Ice Cream business, subject to regulatory approvals
In FY 2024-25, we delivered competitive growth, further strengthening our market position. This was fuelled by robust mid-single-digit absolute volume (tonnage) growth. Our ability to successfully traverse challenging market conditions is a testament to the strength of our brands, strong operational rigour and rapid portfolio transformation into high-growth spaces.
We have segmented our portfolio into Core, Future Core and Market Makers portfolio. This approach facilitates better prioritisation of resources and crafting of tailored strategies to maximise each portfolio's contribution to overall organisational growth. During the year, we continued to contemporise our Core portfolio, unlocked access of our Future Core portfolio by democratising trends and built segments of the future through our Market Makers portfolio.
In FY 2024-25, we delivered competitive growth, further strengthening our market position. This was fuelled by r...
We have segmented our portfolio into Core, Future Core and Market Makers portfolio. This approach facilitates bett...
During the year, we continued to generate fuel for growth with our end-to-end net productivity program across...
On an ongoing basis, we evaluate various strategic opportunities for organic and inorganic growth, strategic p...
In FY 2024-25, we delivered competitive growth, further strengthening our market position. This was fuelled by robust mid-single-digit absolute volume (tonnage) growth. Our ability to successfully traverse challenging market conditions is a testament to the strength of our brands, strong operational rigour and rapid portfolio transformation into high-growth spaces.
We have segmented our portfolio into Core, Future Core and Market Makers portfolio. This approach facilitates better prioritisation of resources and crafting of tailored strategies to maximise each portfolio's contribution to overall organisational growth. During the year, we continued to contemporise our Core portfolio, unlocked access of our Future Core portfolio by democratising trends and built segments of the future through our Market Makers portfolio.
During the year, we continued to generate fuel for growth with our end-to-end net productivity program across all the lines of the P&L. We deployed the generated savings to build our brands, pioneer category-defining innovations, pivot A&P spends towards digital media and build digital capabilities, in line with our strategy.
*Basis our Unmissable Brand Superiority framework as on December 2024
On an ongoing basis, we evaluate various strategic opportunities for organic and inorganic growth, strategic partnerships and investments, divestments, disposals for furtherance of our business and to maximise shareholder value.
We have executed several strategic portfolio decisions over the past few years to sharpen our where-to-play choices, notably accelerating this year.