Consumer-goods giant Hindustan Unilever Ltd (HUL) prepares for flat Q2 sales ahead of GST disruptions

Hindustan Unilever Ltd (HUL) is expected to report flat year-on-year sales growth for Q2 FY26, as the company grapples with GST-related distribution challenges and muted rural demand. Analysts expect revenue to be largely unchanged, with margins under pressure due to cost inflation. The preview note also highlights that the new CEO’s strategic actions around premiumisation and portfolio rationalisation will be under scrutiny in the results scheduled for release tomorrow.