HUL Q2 net profit rises 9% to ₹2,187 cr. as sales increases 11%
The Hindu
Cautiously optimistic about demand recovery, says Mehta
Hindustan Unilever Ltd. (HUL) reported net profit for the second quarter ended September 30 grew 9% to ₹2,187 crore, compared with the year-earlier period, on the back of a ‘robust broad-based performance in a challenging environment’.
HUL also reported a domestic consumer growth of 11% during the quarter. “The performance was broad-based, with all three divisions — home care, beauty and personal care, and foods and refreshment — growing competitively,” it said in a filing. “Business fundamentals remained strong with more than three-fourths of the business gaining market share,” it added.
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