HUL shares plummets 7% as Q1 PAT falls 3% to ₹2,673 crore
Hindustan Unilever Ltd (HUL) shares fell 7% on the Bombay Stock Exchange following a 3% decline in profit after tax (PAT) to ₹2,673 crore for the first quarter. Despite this drop, HUL reported a 10% revenue growth, marking its highest in 13 quarters, as CEO Priya Nair noted stable underlying demand. The market reaction reflects investor concerns over profitability amidst geopolitical challenges.