19 Jan 2024 --- Hindustan Unilever posted weaker earnings than expected in the December 31, 2023 quarter. Profit rose just 0.6% to ₹25.2 billion (US$303 million) amid softer demand from the country’s rural regions, where winter came later than usual. India’s largest consumer goods company acknowledged that urban areas remain resilient. CEO and managing director Rohit Jawa says: “[The company] delivered another quarter of resilient performance with strong operating fundamentals amidst a challenging operating environment.”
