Hindustan Unilever Limited CC-Feb26.pdf ·
This is Nihal Jham from HSBC. Two questions. First is on Beauty & Wellbeing that when you say looking at better growth in FY'27, fair to assume that Beauty & Wellbeing will be the segment that will drive the highest growth among the 4? And within the Beauty & Wellbeing segment, how do you look at the portfolio ex of OZiva, Minimalist and Hair Care which was sort of the better performing portfolio, but how do you see the growth in the part of the portfolio other than these 3 parts?
Sure, Priya. Second question was on quick commerce. Now just a conceptual understanding here, would it be fair to assume that, if I look at your portfolio, say, ex of some parts of foods, which could be classified as indulgence. Most of Q C for us is sort of just a demand shift, it's now that there is an incremental demand generation that happens given the categories we operate in. So that's one thought. And if you could just comment on how to think of the profitability of this segment versus our traditional general trade profitability that incrementally, as this channel sort of keeps going up, is there any questions on the profitability that could come up?