Sales of HUL products increased even amidst increase in prices, sales of 9 brands of the company crossed Rs 2000 crore

HUL ,HUL) has increased the prices of its products several times during the last 6 months. Despite this, however, the demand for the products continues to rise and three brands of the company have joined the 2000 crore sales club last year. In which Dove, Rin (Rin) and Vim. Along with this, the company has informed that its 16 brands have annual sales of more than 1000 crores (Sales) are entered. At the same time, with 3 new brands, now 9 brands of the company have joined the sales club of Rs 2000 crore. HUL has released its results only yesterday. In the financial year 2022, the turnover of HUL has crossed Rs 50 thousand crores.

Which brand is in good demand

According to the information given in the results released by the company, Vim, Rin and Dove have joined the club of Rs 2000 crore in the last financial year. At the same time, other brands in this club include Wheel, Horlicks, Lifebuoy and Glow & Lovely. At the same time, Surf Excel and Brooke Bond are included in the Rs 5000 crore sales club. HUL has been the largest packaged consumer goods company in the country in the financial year 2022. The turnover of the company has increased by 11 percent to Rs 50,336 crore as compared to the previous financial year. At the same time, the company has registered a turnover of Rs 900 crore due to innovation and new launches in the financial year.

FMCG product sales increased

The company has said that during the fourth quarter, the company’s income from the sale of FMCG products has increased by 10.4 percent to Rs 13,190 crore. The company’s income in the same quarter last year was Rs 11,947 crore. HUL said volume growth has remained at last year’s levels, though it has been ahead of market growth. At the same time, the company is continuously increasing its market share on the basis of both value and volume. Despite the sharp jump in commodity prices, EBITDA margins during the quarter are at 24.6 per cent. The company said that amidst rising inflation, the company is constantly focusing on savings. The company said that its home care segment has seen a growth of 24 percent, beauty and personal care has seen a growth of 4 percent, food and refreshment has seen a growth of 5 percent. According to the company, the fabric wash, household care, beverages, foods, and ice cream segments performed better during the quarter. At the same time, the company’s total expenses during the quarter were Rs 10,782 crore, which is at the level of Rs 9,667 crore in the previous quarter.