The report notes that the company is looking at streamlining its portfolio, as it seeks growth from beauty, personal care and wellbeing brands
As budget conscious consumers are cutting back on spending and opting for cheaper alternatives, FMCG major Unilever is in talks with advisers to study options that include separating most or all of the food business, Bloomberg reported.
The report mentioned that the company is looking at streamlining its sprawling portfolio, as it seeks growth from beauty, personal care and wellbeing brands. The company is in preliminary stage of exploring possibilities of keeping some marquee brands while separating the rest.
However, any move is not expected before next year and the report added that the company may also decide to stick with its current structure. The report pointed out that the deal, if it happens, is expected to value the food business of the company at tens of billions of dollars.
Last year, the company spun off its ice cream division into Magnum Ice Cream Co, and has kept around 20 per cent stake which it will sell down going ahead, the report added. Earlier, Emphasising that the opportunities in India are massive, Fernando Fernandez, the Chief Executive of Unilever, stated that the company wants Hindustan Unilever or HUL to align its growth path with India’s gross domestic product (GDP). He noted that the government has taken ‘very relevant measures lately’.
“We believe that we will be the main beneficiaries of what will be a much more dynamic economic environment in India. I feel that the Indian government has taken very relevant measures lately. So, GST reduction, personal income tax reduction, interest rate reduction, when the government does something like this, it is because the things in the economy are not right and really, that is what was happening the last couple of years, in which Indian consumption was affected significantly, in three years, by double-digit food inflation,” the CEO said during a fireside chat with JP Morgan in December 2025.
FMCG major Hindustan Unilever has reported a 121 per cent year-on-year (YoY) rise in its consolidated net profit in third quarter of the current financial year. The company’s net profit attributable to the owners of the holding company rose to Rs 6,607 crore from Rs 2,984 crore in Q3FY25.
The financial results of the company showed that HUL reported a consolidated revenue growth of 6 per cent in the December quarter. With a turnover of Rs 16,235 crore, the company delivered 5 per cent Underlying Sales Growth (USG), led by 4 per cent Underlying Volume Growth (UVG). Ebitda at Rs 3,788 crore grew 3 per cent year-on-year while Ebitda margin at 23.3 per cent remained within the guided range.
