In a separate exchange filing, the company reported its financial results for the second quarter of the fiscal year. Hindustan Unilever posted a consolidated net profit of ₹2,591 crore, a 2.4% decline from the ₹2,668 crore recorded in the same quarter last year, falling short of market expectations. High commodity inflation and muted demand weighed on the quarter's performance. The company's EBITDA stood at ₹3,647 crore, with an EBITDA margin of 23.8%. Margins were expected to remain under pressure due to higher advertising spends and increased royalty payments to parent company Unilever.