HUL Management On The Company’s Q2 Results

2015-10-15 2

HUL's second quarter results disappointed the street. While the FMCG major posted robust volume growth of 7% and Sales grew close to 5%, profits remained muted at 962 Cr. The management says that the wearing off of an excise duty hike coupled with the price cuts that the company undertook, weighed on the Q2 performance. Tune in.