Minimalist Crosses Rs 500 Cr; FY25 Hit By Rs 46 Cr One-Offs
HUL-owned Minimalist reports 48 per cent revenue growth to Rs 514.8 crore in FY25, but exceptional items of Rs 46 crore lead to a net loss of Rs 31.5 crore.
HUL-owned Minimalist reports 48 per cent revenue growth to Rs 514.8 crore in FY25, but exceptional items of Rs 46 crore lead to a net loss of Rs 31.5 crore.
The acquisition has been completed through a combination of primary infusion and secondary acquisition for a total cash consideration of Rs 2,706.44 crore
The acquisition is aimed at strengthening the company’s beauty and wellbeing portfolio towards evolving and higher growth demand spaces
The transaction is expected to be completed in the first quarter of the next financial year (Q1FY26)
The acquisition, if materialises, would expand Hindustan Unilever’s (HUL) portfolio, which already includes brands like Dove, Lakme, and Lux