HUL Q3 preview: Double-digit revenue growth likely on GSK acquisition

Analysts at ICICI Securities expect Hindustan Unilever (HUL) to post 15.4 per cent year-on-year (YoY) revenue growth at Rs 11,322.3 crore in the December quarter

Preference for essential goods, with utmost importance to health and hygiene segment, increased in-home consumption of packaged foods, stabilisation of the distribution network and gradual unlocking of the economy are some of the factors that are likely to boost the sales of fast-moving consumer good (FMCG) companies during the third quarter of the financial year 2021.

On the back of these factors, most brokerages expect double-digit growth in sales of essential goods-focussed firms. While Hindustan Unilever (HUL) is likely to see a sequential improvement in sales, its organic growth is likely to be below peers in mid-single digits.

Analysts at