November 21, 2024

Hindustan Unilever Limited to separate its ice cream business

In a statement filed with the exchange, the company highlighted the ice cream category as a high-growth market that contributes around 3% to HUL’s total revenue.

Hindustan Unilever Limited (HUL), on the sidelines of its Q2 FY25 results, said that it would separate its ice cream business. The decision to move forward with this segment was made following a comprehensive assessment by a committee of Independent Directors. This committee was responsible for determining the optimal direction for this sector.

Source: bt Business today

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