Hindustan Unilever reported on Tuesday, 23 July that its Q1 FY25 net profit rose 3 percent year-on-year to Rs 2,538 crore from Rs 2,472 crores in Q1FY24, beating analysts estimates by a slight margin. The FMCG firm's total sales for the April-June quarter rose 2 percent on-year at Rs 15,523 crore.

A Moneycontrol poll of 9 brokerage estimates pegged HUL's fiscal first quarter net profit at Rs 2,512 crore, and revenue at Rs 15,205 crore.

HUL's Q1 earnings were expected to remain muted due to an intense heatwave hurting limiting sales, and price cuts taken during the quarter.

The FMCG firm's underlying volume growth was at 4 percent during the quarter, it said in an earnings release. Gradual recovery in rural demand continued, while commodity prices remained range-bound, it added.

Earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter is at Rs 3,606 crores and it grew by 2 percent. EBITDA margin at 23.8% increased by 20 bps.

The home-care segment's underlying sales growth (USG) grew 4 percent and underlying volume growth (UVG) saw high-single digit growth. High single digit volume growth in fabric wash and household care grew mid-single digit on the back of strong premium and mass brands.

Beauty and personal care USG grew 3% and UVG grew at mid-single digit growth. Hair Care saw double-digit volume growth led by Clinic Plus, Sunsilk and Dove. Skin care and colour cosmetics witnessed muted volume performance in the quarter with mass portfolio declining.

Personal care segment saw negative 5 percent sales growth and and low-single digit growth in volume.