Hindustan Unilever on Monday posted a 21 per cent year-on-year (YoY) rise in net profit at Rs 1,848 crore after incorporating the reduction in corporate tax rate.
Excluding corporate tax rate benefit, the profit figure came in at Rs 1,832 crore, up 20 per cent.
The numbers beat an ET Now poll estimate of Rs 1,700 crore by a wide margin.
The firm had reported a PAT of Rs 1,525 in the corresponding quarter last year.
Excluding corporate tax rate benefit, the profit figure came in at Rs 1,832 crore, up 20 per cent.
The numbers beat an ET Now poll estimate of Rs 1,700 crore by a wide margin.
The firm had reported a PAT of Rs 1,525 in the corresponding quarter last year.
HUL - QUARTERLY NUMBERS (For the quarter ended 30/09/2019)
HUL Stock Price - Last One Year
HUL Stock Price - Last Five Years
HUL is India's largest FMCG (Fast Moving Consumer Goods) company.
It is the market leader in Indian consumer products with presence in over 20 consumer categories such as soaps, tea, detergents and shampoos amongst others with over 700 million Indian consumers using its products.
Sixteen of HUL's brands featured in the ACNielsen Brand Equity list of 100 Most Trusted Brands Annual Survey (2014), carried out by Brand Equity, a supplement of The Economic Times.
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