Hindustan Unilever Limited (HUL), India's largest consumer goods company, reported a 7% increase in sales for the January-March quarter, totaling ₹16,207 crore ($1.95 billion USD). The volume of products sold rose 6%, and profit after tax increased 4% to ₹2,711 crore ($326 million USD). Despite this growth, HUL's managing director, Priya Nair, indicated that the company would implement price hikes due to rising crude oil-linked commodity costs, exacerbated by the ongoing conflict in Iran. Nair noted that stable consumer demand, supported by fiscal and monetary measures, has driven this growth. HUL is focusing on modernizing its brands and enhancing its omnichannel capabilities, with a commitment of ₹2,000 crore ($240 million USD) in capital expenditure to develop premium product formats.