Published
Oct 12, 2018
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Hindustan Unilever Q2 net profit jumps 20 percent to Rs 1,525 crore

Published
Oct 12, 2018

FMCG major Hindustan Unilever Ltd has reported a 20 percent rise in its net profit to Rs 1,525 crore (approx $207.8 million) for the second quarter. The company had posted a net profit of Rs 1,276 crore during the same period last fiscal.

HUL Q2 net profit jumps 20 percent to Rs 1,525 crore - Dove- Facebook


HUL’s revenue also rose 12 percent to Rs 9,138 crore as against Rs 8,199 crore in the year-ago period.
 
Commenting on the results, HUL MD Sanjiv Mehta in a statement said, “We have delivered another strong performance in the quarter and also for the half year. Our focus on strengthening the core, leading market development and driving excellence in execution has enabled us to deliver competitive and profitable growth.”

“Our strength of agility and responsiveness gives us the confidence to navigate the headwinds arising from crude inflation and currency depreciation. Our strategic agenda remains one of delivering consistent, competitive, profitable and responsible growth," Mehta added.

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