Hindustan Unilever Q3 net profit rises 22 pc to Rs 1,062 crore

FMCG major Hindustan Unilever today posted a 21.91 per cent increase in net profit to Rs 1,062.31 crore in the quarter ended December 31.

The company had posted a profit of Rs 871.36 crore in the third quarter of the previous financial year.

Net sales rose 9.38 per cent to Rs 7,037.78 crore from Rs 6,433.69 crore, Hindustan Unilever Ltd (HUL) said in a statement.

"Our growth has been competitive and profitable and the results are a reflection of how we dynamically managed the business despite the headwinds in the environment," HUL Chairman Harish Manwani said in the statement.

During the quarter, the company's domestic consumer business grew 10 per cent, with a 4 per cent underlying volume growth.

HUL shares gained 2.15 per cent to Rs 578.05 on the BSE.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Tax offenders stashing black money abroad must be booked

    There can be little doubt that for the government to get at those salting away unaccounted and untaxed money in foreign banks is a long overdue exerci

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Riding the product startup wave

That the Indian youth is undergoing a massive change in ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture