"We delivered a resilient and competitive growth whilst stepping up ourEBITDA margin in a challenging operating environment, marked by subdued rural demand and heightened competitive intensity.Looking forward we remain cautiously optimistic.
FMCG demand is likely to continue a gradual recovery with tailwinds from theupcoming festive season, sustained buoyancy of services and Government’s thrust on capex. At the same time, we need to bewatchful of volatile global commodity prices as well as the impact of monsoon on crop output and reservoir levels.
In this context,our focus is to provide superior value to our consumers, drive competitive volume growth, and invest behind our brands.We remain confident of the mid to long term potential of Indian FMCG sector and HUL’s ability to deliver a Consistent,Competitive, Profitable and Responsible growth."
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