High RM prices to dent HUL's Q3 margins, revenues may rise up to 14% YoY

FMCG-heavyweight Hindustan Unilever (HUL) is likely to clock up to 14 per cent year-on-year (YoY) revenue growth to Rs 14,900 crore in the third quarter of this fiscal year (Q3FY23) from Rs 14,751 crore in Q3FY22, pegged analysts. The consumer staples company will announce results after market hours on Thursday, January 19.
 

Higher advertising spends coupled with inflationary pressures, analysts said, are likely to squeeze EBITDA margins up to 154 basis points (bps) YoY to 23.9 per cent in Q3FY23 from 25 per cent in Q3FY22. However, calibrated price hikes, and sequential decline in raw material prices will help margins