Mumbai, Oct. 23 -- Packaged consumer goods giant Hindustan Unilever Ltd on Thursday reported a muted 1.5% rise in consolidated revenue to Rs.16,388 crore for the July-September quarter (Q2FY26).

The company's net profit during the quarter stood at Rs.2,694 crore, up 3.8% year-on-year.

HUL, India's largest fast-moving consumer goods company, had flagged in late September that it expected disruptions in sales in the quarter over lower goods and services tax (GST) rates.

While the rate cuts benefitted 40% of HUL's portfolio, its primary sales to distributors and retailers got impacted as they paused new orders to clear inventory and awaited new stocks with revised, lower prices. Consumers also delayed purchases in anticipation of lower pr...