HUL could be gaining market share in the fabric care business. So that is happening right now and probably would continue in the forthcoming quarters, say experts.
According to the prima facie, the HUL numbers are upbeat. In their estimates, both profit, as well as the EBITDA numbers, look higher than what is estimated. Even the revenue number is slightly higher than what they estimated. So the numbers overall look good. We will have to look at it in terms of the volume numbers and the second important factor will be the gross margins.
"We were estimating around 5% volume growth for the quarter but the number could probably be slightly higher or in line. We will have to wait and watch out for the volume numbers but our estimate was 5% for the quarter" they say.
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