Against this backdrop, investors are likely to focus on margin resilience. HUL, India’s largest fast moving consumer goods (FMCG) company, expects consolidated Ebitda margin to remain within its guided range of 22.5–23.5%. It sees judicious balancing of pricing, savings, and media investments, neutralizing short-term impacts from the West Asia situation. Ebitda is earnings before interest, tax, depreciation and amortization. HUL’s Ebitda margin in FY26 came in at 23.4% versus nearly 24% in FY25.
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