Companies

HUL net profit jumps 16% to Rs 1,276 cr

Reuters | Updated on January 08, 2018

Hindustan Unilever Ltd has posted a 16 per cent rise in quarterly profit on Wednesday, beating estimates.

Net profit rose to Rs 1,276 crore ($195.98 million) in the quarter ended September 30, compared with Rs 1,096 crore a year earlier, the diversified consumer goods maker said.

Analysts polled by Thomson Reuters estimated a profit of Rs 1,185 crore on average.

Shares of the company ended up by 0.18 per cent at Rs 1,273.55 on the BSE.

Published on October 25, 2017

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