• HUL quarterly performance: Hindustan Unilever posted near double-digit revenue growth—the fastest in 13 quarters—driven by 5% price growth and 5% underlying sales growth. The company maintained its EBITDA margin guidance of 22.5% to 23.5% despite raw material inflation.
• Consumer demand outlook: Management reported stable demand across both urban and rural segments heading into the festive season, with the premium portfolio recording double-digit growth.
• DMart expansion strategy: Avenue Supermarts will stick to its existing target of adding 80 to 100 stores annually under new CEO Anshul Asawa, with an increased focus on adding leased stores.
• Quick-commerce headwinds: DMart shares declined after its analyst meet showed no strategic deviations, leaving investors cautious amid elevated valuations and persistent competition from quick-commerce.