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Hindustan Unilever Slips Nearly 1% Post Q2 Results
NDTV
Hindustan Unilever reported a net profit of Rs 2,187 crore in September quarter as against Rs 2,009 crore during the same quarter last year, a growth of 8.86 per cent
Hindustan Unilever shares have slipped nearly a per cent a day after the September quarter results. Hindustan Unilever, the country's leading fast-moving consumer goods maker, reported a net profit of Rs 2,187 crore in the September quarter as against Rs 2,009 crore during the same quarter last year, registering a growth of 8.86 per cent. The company's total income during the quarter stood at Rs 12,837 crore compared to Rs 11,693 crore in the year-ago period.
On a sequential basis, Hindustan Unilever's standalone net profit rose 6.11 per cent compared to Rs 2,061 crore reported in the preceding April-June quarter.
The company's revenue from operations in the September quarter stood at Rs 12,516 crore, compared to Rs 11,276 crore in the corresponding quarter last year, a growth of 10.99 per cent year-on-year.