Jawa’s compensation included a fixed salary of Rs 3.65 crore, allowances worth Rs 11.45 crore, a bonus of Rs 3.78 crore, and long-term incentive perquisites of Rs 2.76 crore.
Remuneration gap with employees narrows slightly
Jawa’s pay was 146.47 times the median remuneration of HUL employees in FY25. This represents a slight narrowing from FY24, when the multiple was 153.03.
The report also pointed to a notable decline in the workforce. HUL had 6,604 permanent employees on its rolls as of March 31, 2025, down from 7,215 a year earlier — an 8.46% drop.
Employee pay grows, but lagging behind CEO
The median remuneration of employees rose by 8.39% during FY25. For non-managerial staff, the average salary increase was 4.62%, excluding promotional hikes.
“This yearly increment is driven by market competitiveness, peer benchmarking, and the company’s financial performance,” the report noted.
CEO and Chairman on business outlook
Addressing shareholders, Rohit Jawa said FY25 saw moderated urban demand and a gradual recovery in rural consumption. “Against this backdrop, we remained focused on driving volume growth and strengthening competitiveness,” he said.Chairman Nitin Paranjpe echoed similar sentiments, citing challenges such as volatile commodity prices, erratic weather, and muted consumer sentiment.
India offers strong long-term prospects
Despite short-term headwinds, Paranjpe expressed optimism about India’s long-term potential. “India is well-poised to deliver strong and consistent growth,” he said, attributing this to rising affluence, a young workforce, public digital infrastructure, and supportive policies.
Strategic shifts: Acquisitions and divestments
HUL is adapting to evolving consumer behaviour, especially with the rise of digital access and changing preferences. As part of its future-focused strategy, the company acquired Minimalist, a science-backed premium beauty brand, to bolster its presence in the beauty segment.
In FY25, HUL also divested its water business, Pureit, and announced the demerger of its ice cream portfolio, including brands like Kwality Wall’s, Cornetto, and Magnum.
HUL reported a turnover of Rs 60,680 crore and a net profit of ₹10,644 crore for the financial year, continuing its strong performance despite external pressures.
With inputs from PTI