Hindustan Unilever Ltd has announced the following results for the quarter & year ended March 31, 2012 The Unaudited results for the Quarter ended March 31, 2012 The Company has posted a net profit of Rs. 6866.10 million for the quarter ended March 31, 2012 where as the same was at Rs. 5691.80 million for the quarter ended March 31, 2011. Total Income is Rs. 58358.60 million for the quarter ended March 31, 2012 where as the same was at Rs. 50287.10 million for the quarter ended March 31, 2011. The Audited results for the Year ended March 31, 2012 The Company has posted a net profit of Rs. 26914.00 million for the year ended March 31, 2012 where as the same was at Rs. 23059.90 million for the year ended March 31, 2011. Total Income is Rs. 223946.80 million for the year ended March 31, 2012 where as the same was at Rs. 200083.90 million for the year ended March 31, 2011. The Consolidated Results are as follows : The Audited consolidated results for the Year ended March 31, 2012 The Group has posted a net profit after taxes, minority interest and share of profit of associates of Rs. 27906.60 million for the year ended March 31, 2012 where as the same was at Rs. 22960.50 million for the year ended March 31, 2011. Total Income is Rs. 236959.50 million for the year ended March 31, 2012 where as the same was at Rs. 202777.30 million for the year ended March 31, 2011. - In order to fully exploit the opportunity in exports market and to provide necessary focus, flexibility and speed to the business, the Board of Directors approved a Scheme of Arrangement (the Scheme) for transfer of the FMCG Exports Business Division (the demerged business undertaking) of the Company into its wholly owned subsidiary Unilever India Exports Limited (UIEL) on 9th May, 2011 which subsequently was approved by the shareholders on 28th July, 2011. The Honble High Court of Bombay sanctioned the Scheme with the appointed date of 1st April, 2011 vide an order dated 18th November, 2011, the certified copy of which was received by the Company on 5th December, 2011. The Scheme became effective from 1st January, 2012 (the effective date) upon filing of the said order with the Registrar of Companies of Mumbai. In accordance with the Scheme, the above transfer of demerged business undertaking has been accounted by the Company by recording the transfer of the relevant assets and liabilities of the demerged business undertaking at their book values as of the appointed date and the corresponding consideration received aggregating to Rs. 70.12 Crores in the form of investment in the shares issued by UIEL (465,000 shares of Rs. 10/- each issued at a premium of Rs. 1498/- per share) resulting in no gain or loss to the company. Accordingly, the financial results of the demerged business undertaking do not form part of the unaudited financial results of the Company for the quarter ended 31st March, 2012 and of the audited results of the Company for the year ended 31st March, 2012. However, the unaudited results of the Company for the quarter ended 31st December, 2011 and 31st March, 2011 and the audited results of the Company for the year ended 31st March, 2011 included the results of the said demerged business undertaking and hence, to that extent, previous quarter and year figures are not comparable with the current quarter and year figures.

Source : BSE - >www.bseindia.com

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