Hindustan Unilever (HUL) posted a net profit of ₹2,994 crore for the January, March quarter of FY26, up 21% from the same period last year. The company also announced a final dividend of ₹22 per share. Results were reported on 30 April. HUL is India's largest fast-moving consumer goods company, with brands spanning soaps, detergents, foods, and personal care. A 21% profit jump in a single year is a strong move for a business this size, and typically signals either better volumes, improved margins, or both. The dividend payout signals management confidence in cash generation. At ₹22 per share, it gives income-focused shareholders a direct return and reflects the company's ability to distribute earnings after covering operations and investment needs. The key things to watch in the full results release are revenue growth, volume trends in rural versus urban markets, and any commentary on input cost pressures or pricing strategy going into FY27.
The Indian government has launched an OFS to sell up to 6.5% of its LIC stake, opening for non-retail investors on August 4, 2026, at a floor price of Rs 382 per share, about 11% below Monday's close. The discounted offering is likely to pressure LIC shares in the near term as supply increases sharply.
More than a dozen major Indian companies including Bharti Airtel, ONGC, Pidilite, Nykaa, DLF, and Ather Energy report April-June 2026 earnings on August 4. Results span telecom, energy, consumer goods, real estate, and EV sectors, giving markets a broad read on corporate health mid-earnings season.
Amazon shares hit a new all-time high Monday, pushing its market cap above $3 trillion following a sustained post-earnings rally. The milestone places Amazon among the very few companies globally to reach this valuation, with investor focus on AWS and advertising growth driving the move.
Sensex Gains 500 Points as Oil Falls on Iran Talks
The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.