Hindustan Unilever

Unilever India misses profit estimate as low demand persists

HINDUSTAN Unilever, India’s biggest household products maker, reported second-quarter profit that missed expectations amid a lingering spell of weak demand for consumer goods.

Hindustan Unilever's profit fell nearly 6 per cent to 24.06 billion rupees (S$392.9 million), missing estimates of 24.44 billion rupees.

Unilever's India quarterly profit disappoints

Branded consumer goods giants struggle to drive sales in Indian villages due to persistently high inflation and competition from local labels