Unilever PLC’s India Unit Exits Nutritionalab as Premium Growth Push Gains Pace
Hindustan Unilever has sold its entire 19.8% stake in Nutritionalab for about 3.07 billion rupees, according to a March 4 filing. The sale follows board approval last month to exit Nutritionalab and acquire the remaining 49% of OZiva. HUL’s quarterly profit dropped 15% after price cuts and competition. Parent Unilever expects 2026 sales growth at the lower end of its target range.