Mumbai, Oct. 23 -- The government's decision to cut taxes on packaged food and personal care products disrupted Hindustan Unilever Ltd's inventory pipeline and depressed its sales growth in the September quarter.

The consumer goods giant, however, expects the drop in prices following the tax cuts and a good monsoon to boost consumer sentiment and boost sales in the second half of 2025-26.

"Our focus will be on volume-led revenue growth," Priya Nair, whotook charge as HUL's chief executive and managing director in August, said at a media briefing on Thursday.

"The macroeconomic conditions in India were not favourable. The overall FMCG (fast-moving consumer goods) demand was subdued on account of high food inflation, the overall income w...