However, the company said comparable domestic consumer growth, reflecting accounting impact of GST (excise duty and net input taxes adjusted from sales of base quarter, and GST refunds to the reported sales of current quarter), was 16 per cent during the quarter.
"In the near term, we see gradual improvement in demand and our focus will continue to be on innovations and market development," HUL Chairman and Managing Director Sanjiv Mehta said.
He further said, "Crude volatility and currency-led inflation are key risks going ahead and we will continue to manage our business dynamically while driving operational efficiencies."
"Our strategic agenda remains one of delivering consistent, competitive, profitable and responsible growth," he added.
During the quarter the company integrated its foods and refreshment divisions.
HUL shares today closed at Rs 1,753.85, up 0.73 per cent, on the BSE.
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