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    Volume growth worries to weigh on HUL

    Synopsis

    December quarter typically is a seasonally strong quarter marked with festivals and the onset of winter. However, this time it was characterised by uneven monsoon, delayed winter and slow growth in demand for mass products compared with the premium end of the shopping basket.

    ET Intelligence Group: Hindustan Unilever (HUL), India's biggest consumer goods company, slumped nearly 4% Saturday after the December-quarter earnings underscored demand fragility, particularly in the price-sensitive product categories, causing revenue to flatten after subdued volume expansion for the second consecutive quarter.Volumes expanded at a muted 2%, but the impact of price reductions led to flat revenue growth. Savings on raw
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    The Economic Times