How are the operating cost pressures on Hindustan Unilever in the June quarter?

Hindustan Unilever is still facing the dual impact of weak demand and elevated commodity costs. However, cost pressures may be easing, especially with palm oil prices falling from recent highs. Palm oil, which goes into the manufacture of soaps, biscuits and noodles; saw prices fall from $1,900/tonne to $1,300 per tonne. However, the crude-related inputs continue to remain elevated due to the war situation. This has led to pressure on the EBITDA margins which had contracted by 27 basis points 24.1% in the March quarter.