Advertisement

HindustanTimes Sun,28 Dec 2014

Hindustan Unilever Ltd Q1 net up 3.68% at Rs. 1,056.85 crore

PTI  New Delhi, July 28, 2014
First Published: 16:25 IST(28/7/2014) | Last Updated: 16:27 IST(28/7/2014)

FMCG major Hindustan Unilever Ltd on Monday reported 3.68% 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%.

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%, on the BSE.


Advertisement
more from Business

No violation of safety norm or unfair seat allotment: Air India

Air India on Saturday said its fight safety wing is looking into the issue of a daughter of a senior pilot resting in a bunk, meant only for use of flight crew members, during one of its flights to Newark from Mumbai recently.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved