Hindustan Unilever reports 5% sales growth, acquires Minimalist

Hindustan Unilever reported 5% underlying sales growth and 4% volume growth for Q1 FY26. Consolidated profit after tax grew 6% to ₹2,768 crores, though profit before exceptional items fell 5% due to tax provision re-estimation.

EBITDA margin declined 130 basis points to 22.8% due to increased investments.

The company completed acquisition of a 90.5% stake in Minimalist for ₹2,706 crores. The ice cream business demerger remains on track, with an NCLT shareholder meeting scheduled for August 12.