HUL Q1 net up 3.68% at Rs 1,056.85 cr

Tags: Companies
FMCG major Hindustan Unilever Ltd today reported 3.68 per cent increase in standalone net profit at Rs 1,056.85 crore for the first quarter ended June 30, 2014-15.

It had posted net profit of Rs 1,019.25 crore in the April -June quarter of 2013-14 on account of exceptional gain of Rs 106.25 crore, the company said in a BSE filing.

HUL's net sales climbed to Rs 7,570.78 crore in Q1, 2014-15, from Rs 6687.49 crore a year ago, up 13.20 per cent.

HUL Chairman Harish Manwani said: "We continue to grow ahead of our markets and have delivered another quarter of strong top and bottom-line performance.

"While we are seeing headwinds on market growth, consumer spending and inflation, we remain focused on managing the business for long term competitive and profitable growth and implementing our strategy with even greater rigour."

Overall expenses in Q1 stood at Rs 6,466.52 crore, as against Rs 5,789.88 crore in the year-ago period.

The HUL scrip was trading at Rs 682, up 3.02 per cent, 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E-mail ID will not be published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

  • India’s festivals teach us to share our wealth and joy

    India is an aporia in its own true sense.

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

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture